23rd November 2022
EP Report

Climate change impacts battering vulnerable countries threaten to outstrip efforts to adapt to global warming, the UN warned Thursday, with a "significant" amount of international funding help recycled from other purposes.

 

Many emerging economies, which are least to blame for the fossil-fuel gases that stoke global warming, are among the most exposed to climate impacts, such as worsening drought, floods and cyclones.

 

Funding to help them adapt to accelerating impacts and curb emissions is one of the thorniest issues at UN climate negotiations, which begin their latest round in Egypt on Sunday.

 

Wealthy nations have failed to provide a pledged $100 billion a year to developing nations, reaching just $83 billion in 2020.

 

Only a part of that -- $29 billion -- was for adaptation.


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