COP30: Closing Adaptation Finance Gap

Climate Change Conference: Urgent Action Needed as Global Temperatures SurgeWorld leaders gather in Brazil for COP thirty, a critical meeting amidst rising global temperatures. Experts warn we could permanently exceed the one point five degrees Celsius target within five years, making climate adaptation more urgent. The financial toll of climate change is immense, with vulnerable countries facing $525 billion in costs between 2000 and 2019. Projections show global annual damages could reach between $19 trillion and $59 trillion by 2050. Despite the clear benefits, only a tiny fraction of climate funding reaches small-scale food systems and Indigenous communities. Leaders must prioritize closing the adaptation finance gap and ensure funding reaches those most threatened by climate impacts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.