|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Mon, 25th Jan 2021 14:35:00 |
|
Scale up funding for climate adaptation programmes, Guterres urges |
“Adaptation cannot be the neglected half of the climate equation”, Secretary-General António Guterres said at the Climate Adaptation Summit.
The need is all the more pressing in developing countries, which require an estimated $70 billion to meet their adaptation plans. But the figure could reach up to $300 billion in 2030, and $500 billion in 2050, according to the latest edition of UN’s Adaptation Gap report, released earlier this month.
Mr. Guterres called for 50 per cent of the total share of climate finance provided by all developed countries and multilateral development banks to be allocated to adaptation and resilience.
“I urge all donors and multilateral development banks to commit to this goal by COP26 and deliver on it at least by 2024", he added, referring to the 26th session of the Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC), to be held in November, in Glasgow.
Read original full article
|
| |
|
|
Back to Featured Articles
|
|
|
|
|
|
|
|
|
|
|
|
Energy News
|
|
| |
| |
