- According to the UNEP, global efforts in adaptation planning, financing, and implementation were not enough to equip vulnerable communities across the globe to adapt to the spiraling risks from the impacts of climate change.
- The report said that international adaptation finance flows were 5-10 times lower than required and stand at a mere USD 29 billion in 2020 against the projected USD 160-340 billion by 2030.
- It also mentioned that the Nationally Determined Contributions (NDCs) under the Paris Agreement will result in the rise of global temperature by 2.4o-2.6oC by 2100.
- The UN Secretary-General Antonio Guterres suggested four critical ways in which the adaptation gap must be addressed:
- increase financing for adaptation
- introduction of the new business model for transforming adaptation priorities into investable projects
- availability of climate risk data and information
- implementation and operationalization of early warning systems against extreme weather events
- UNEP is an intergovernmental authority that deals with global environmental issues and was established in 1972 with its headquarters in Nairobi, Kenya. The current Executive Director of UNEP is Inger Andersen.
Question:
Q.1 The Adaptation Gap Report is released by?a. World Wide Fund for Nature
b. United Nations Environment Programme
c. Greenpeace
d. Conservation International
