WASHNGTON, Oct 29 (KUNA) -- UN Secretary General Antonio Guterres on Wednesday called for rapid actoin to face the climate crisis affirming that the gap of funding for coping with the climatic changes is alarming.
Guterres, citing a report by the UN Environment Programme, said amid rising global temperatures and intensifying climate impacts, a yawning gap in adaptation of finance for developing countries is putting lives, livelihoods and entire economies at risk.
Released to inform negotiations at COP30 in Belem, Brazil, the report finds that while adaptation planning and implementation are improving, adaptation finance needs in developing countries by 2035 are over USD 310 billion per year, 12 times as much as current international public adaptation finance flows. "Climate impacts are accelerating. Yet adaptation finance is not keeping pace, leaving the worldآ’s most vulnerable exposed to rising seas, deadly storms, and searing heat," said Guterres, citing the report.
"Adaptation is not a cost, it is a lifeline. Closing the adaptation gap is how we protect lives, deliver climate justice, and build a safer, more sustainable world. Let us not waste another moment." (end) amm.rk