The United Nations Environment Programme report – Adaptation Gap Report 2023: Underfinanced. Underprepared – Inadequate investment and planning on climate adaptation leaves world exposed finds that progress on climate adaptation globally is slowing when it should be accelerating to catch up with these rising climate change impacts.

Given the weather extremes experienced over the last few years, narrowing the adaptation finance gap is now more important than ever because of the high benefits that investments in adaptation can offer in terms of reducing climate risks and improving equity and climate justice.

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