The Dutch government hosted Climate Adaptation Summit concluded recently with the launch of the Adaptation Action Coalition, a new international coalition launched by the UK COP26 Presidency to turn political commitments into adaptation action on the ground.
But the summit saw no clear and additional financial commitments made by rich countries to specifically support adaptation.
The US government has signaled its willingness to re-engage with international climate policy, with presidential envoy John Kerry promising a significant increase in finance for adaptation initiatives. The EU and the UK called on more countries to join the Pledge of Nature.
Climate Action Network welcomes this summit’s focus on adaptation, an often neglected pillar of climate action. But yet another meeting ends with speeches and promises yet no concrete deliverables on the scale of finance and assistance needed.
Millions of people particularly vulnerable communities in the global south continue to suffer from escalating climate impacts and finance remains the greatest barrier to adaptation action.