Adaptation Gap Report 2022 : UNEP
According to the United Nations Environment Programme’s (UNEP) Adaptation Gap Report, 2022, global efforts in adaptation planning, financing and implementation are not enough to prepare vulnerable communities around the world to adapt to the rising risks from the impacts of climate change.
- The report found some progress on adaptation plans from national governments, but they are not backed by finance.
- A third of the 197 parties to the United Nations Framework Convention on Climate Change (UNFCCC) have incorporated quantified and time-bound targets on adaptation. And 90% of them have considered gender and disadvantaged groups.
- International adaptation finance flows are 5-10 times lower than required and this gap continues to grow. Finance for adaptation increased to USD 29 billion in 2020, a 4% increase over 2019.
- This is when developing countries’ estimated annual adaptation needs are USD 160-USD 340 billion by 2030 and USD 315-USD 565 billion by 2050.