COP29: Climate resilience gets growing support – but insufficient funds
This year's record-low donations to the Adaptation Fund could be linked to negotiations around the new collective quantified goal.
Climate resilience initiatives such as Race to Resilience and Resilience4Ports are receiving growing support – but adaptation funding pledges have dwindled over the last few COPs.
Climate catastrophes are increasingly frequent and deadly, and evidence of the cost of climate catastrophes is mounting: last month’s DANA floods in Spain are anticipated to drive insured losses of over US$4 billion.
