UNEP Adaptation Gap Report 2022United Nations report looking at progress in planning, financing and implementing adaptation actions.
At least 84 per cent of Parties to the UN Framework Convention on Climate Change (UNFCCC) have established adaptation plans, strategies, laws and policies – up 5 per cent from the previous year. The instruments are getting better at prioritizing disadvantaged groups, such as Indigenous peoples.
However, financing to turn these plans and strategies into action isn’t following. International adaptation finance flows to developing countries are 5-10 times below estimated needs and the gap is widening. Estimated annual adaptation needs are USD 160-340 billion by 2030 and USD 315-565 billion by 2050.