UNEP: Climate adaptation funding gap widens, $420B needed by 2035

UNEP's Adaptation Gap Report projects developing countries require up to $420 billion annually by 2035 for climate adaptation, but public funding remains critically insufficient. The report highlights a persistent shortfall, with current flows far below needs, underscoring a growing financial gap. This matters as it signals increased pressure on international climate finance mechanisms and potential economic strain on vulnerable nations.

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