Climate finance has become a pressing global issue, with funding increasing significantly over recent decades. Most mitigation funding targets the energy and transportation sectors, the primary sources of greenhouse gas emissions. On the other hand, adaptation financing is directed towards infrastructure projects in water resources, agriculture, and land use—sectors that are highly vulnerable to climate impacts. However, there is a striking disparity: mitigation efforts receive over 17 times more funding than adaptation projects.
This research is part of the UNDP programme, funded by…
