Climate Adaptation Funding Gap Remains Wide

Poor countries are facing a significant funding gap for climate adaptation, with a 10-18 times shortfall in adaptation finance. The London-based Centre for Disaster Protection highlights that low-income nations are struggling to access pre-arranged climate disaster finance. The Adaptation Gap Report reveals a decline in funding for developing nations despite international pledges, underscoring the urgent need for increased financing. The UN Secretary-General calls for taxing fossil fuel companies to support vulnerable communities.