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Even tripled adaptation finance would leave many countries short
Original: Even if adaptation finance triples, many countries would fall short
New reporting warns that climate adaptation finance, even if it triples as some proposals suggest, would still fail to meet the needs of many vulnerable countries. The finding highlights the widening gap between pledges made at international climate negotiations and the actual funding required for flood defences, drought resilience and other adaptation measures. Observers say the shortfall raises pressure on wealthy nations ahead of upcoming climate finance discussions.
Why now: Climate adaptation funding gaps are a pressing issue in current global climate finance negotiations.
Evidence
- Even if adaptation finance triples, many countries would fall short · Sustainability Online
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