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Environment/Climate Change

Climate: Finance gap for adaptation efforts grows by 50%

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Released ahead of the COP28 climate talks taking place in Dubai, United Arab Emirates, the Adaptation Gap Report 2023: Underfinanced. Underprepared – Inadequate investment and planning on climate adaptation leaves world exposed finds that the adaptation finance needs of developing countries are 10-18 times as big as international public finance flows – over 50 per cent higher than the previous range estimate.