Home » Current Affairs In-depths & Editorials » GS3 » Environment & Ecology » Environmental Degradation » Global Warming & Climate Change » Adaptation Gap Report, 2023

Adaptation Gap Report, 2023

Santhosh Kumar 03/11/2023

Adaptation Gap Report, 2023 mind map
Context
United Nations (UN) Report
Declining adaptation finance
Developing countries' needs not met
Adaptation Gap Report
Annual publication
By United Nations Environment Programme (UNEP)
Since 2014
Independent assessment
Global adaptation to climate change
Co-producers
UNEP Copenhagen Climate Centre (UNEP-CCC)
World Adaptation Science Programme (WASP)
Objectives
Inform climate negotiations
Among UN member states
Explore options
Enhance national and global adaptation efforts
Alignment
With UN Framework Convention on Climate Change (UNFCCC)
Global stocktake
Findings of Adaptation Gap Report, 2023
Finance needs
Developing countries
10-18 times greater than public finance flows
Funding in 2021
15% lower than previous years
Current adaptation finance gap
USD 194-366 billion per year
Adaptation finance gap definition
Difference between adaptation financing needs and finance flows
55 climate-vulnerable economies
Losses and damages
Over USD 500 billion in last 2 decades
Investment benefits
Against coastal flooding
USD 1 billion investment
Leads to USD 14 billion reduction in damages
In agriculture
USD 16 billion per year
Prevents 78 million people from starvation or chronic hunger
National adaptation planning instruments
5 out of 6 countries have at least one
Progress slowing for global coverage
7 ways to increase financing
Include domestic expenditure
International finance
Private sector finance

If you like this post, please share your feedback in the comments section below so that we will upload more posts like this.

Related Posts

Green Hydrogen

30/06/2021 / Global Warming & Climate Change, New and Renewable Energy, Sustainable Development

Alliance for Transformative Action on Climate and Health (ATACH) mind map Context World Health Organization (WHO) Introduces Operational Framework For climate-resilient and low-carbon health systems Importance Implement ATACH goals Source: WHO What are climate-resilient and low-carbon health systems? Designed to Withstand climate change impacts Minimize carbon footprint What is ATACH? WHO initiative Established in 2022 Nature Informal voluntary network Works to realize Ambition set at COP26 Objective Build climate-resilient and sustainable health systems Relationship to Operational Framework Framework implementation Supports ATACH goals

Alliance for Transformative Action on Climate and Health (ATACH)

11/11/2023 / Global Warming & Climate Change, International Organisations/Groupings/Agreements/Conventions

Arctic Ice-Free Day 2030

Arctic Ice-Free Day 2030

31/12/2024 / Global Warming & Climate Change

Climate Finance Taxonomy

Climate Finance Taxonomy

31/07/2024 / Global Warming & Climate Change

Categories: Global Warming & Climate Change, Indices/Reports

Tags: 3.11.2023, Newsbits

Subscribe

0 Comments

Inline Feedbacks

View all comments

🖍️ Highlight