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[INTERNATIONAL] · Türkiye · 11 sources

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UNEP report warns of massive climate adaptation funding gap

The United Nations Environment Programme (UNEP) has released its Adaptation Gap Report 2026, revealing that developing nations are receiving only a fraction of the funding required to combat climate change impacts. The report estimates that developing countries will need approximately US$305 billion annually by 2035 to address threats such as droughts, floods, and heatwaves. When accounting for inflation, this requirement could rise to US$420 billion per year.

In 2024, international public adaptation finance from developed nations reached between US$28.2 billion and US$31.7 billion, representing only a slight increase of about US$1 billion compared to 2023. Even if the goal set at COP30 to triple adaptation finance by 2035 is achieved, annual flows would only reach between US$85 billion and US$120 billion, covering roughly 20% to 29% of the projected needs.

UNEP Executive Director Inger Andersen warned that the world is unprepared for current and future climate conditions as the planet approaches the 1.5 degree Celsius warming threshold. The findings come ahead of the COP31 climate summit, scheduled for November 9 to 20 in Antalya, Turkey.

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Antalya · COP31 · Greenpeace International · Inger Andersen · United Nations Environment Programme

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