Countries are not adapting fast enough to climate change and financing for adaptation has fallen short, according to a United Nations report released Thursday.
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The cost of climate adaptation
About three-quarters of the world s countries have national plans to adapt to climate change, according to the report, but most lack the regulations, incentives and funding to make them work.
More than a decade ago, rich countries most responsible for climate change pledged to mobilize $100 billion a year by 2020 in climate finance for poorer countries. UNEP says it is impossible to answer whether that goal has been met, while an OECD study published in November found that between 2013 and 2018, the target sum had not once been achieved. Even in 2018, which recorded the highest level of contributions, rich countries were still $20 billion short.
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This aerial photo taken on November 10, 2019, shows a destroyed house after cyclone Bulbul hit Koyra, Bangladesh.
Photo: Munir Uz Zaman (Getty Images)
If world leaders don’t seriously step up their game to adapt to the climate crisis, we’ll see catastrophic human and economic losses everywhere, a new report from the world’s top global environmental authority warns.
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United Nations scientists have told us time and time again that we must curb greenhouse gas emissions to slow climate change. But the fifth edition of the UN Environment Program’s Adaptation Gap Report, released early Thursday morning, says those efforts must be coupled with strategies to adapt to the warming world. That’s because even if emissions drop to zero, we still face a climate unlike anything humanity has ever seen.