UNEP FI partnered with Climate Finance Advisors to deliver this report to the Global Commission on Adaptation. It identifies the main barriers in the financial system to accelerated investment in adaptation-related programmes and projects and proposes six sets of recommendations to unlock the financing of adaptation programmes. Even if we reduce our greenhouse gas emissions in line with the 2015 Paris Agreement, temperatures will still rise by between +1.5°C and +2°C, and the physical impacts of climate change are already being felt globally. With adaptation needs estimated at between $140 and $ 300 billion by 2030, according to the UN, this report is both timely and necessary.
Read the news story on the launch of the report here.
Find more information on UNEP FI’s work on adaptation finance here.
