(ANSA) – ROME, NOVEMBER 04 – There is evidence indicating that the goal of remaining within +1.5 degrees Celsius by the end of the century will probably be missed, but even if we hit it, some impacts of climate change are already irreversible and will accompany us for many decades. So you have to adapt. This was stated by the UN Environment Agency in the sixth edition of the Adaptation Gap Report 2021: The Gathering Storm (Report 2021 on the adaptation gap: the coming storm) presented to Cop26 in which it notes that adaptation policies to climate change is growing but funding and implementation are far behind.
The estimated costs of adapting to climate change in developing countries, the UNEP says in the report, are five to ten times higher than current public financial flows (almost 80 billion in 2019) and available data indicate that the gap financing for adaptation is expanding. The new costs – compared to those indicated in the 2016 report – for developing countries alone are approaching the top of the range of 140-300 billion dollars per year by 2030 and 280-500 billion dollars per year. year by 2050.
As for the “post-Covid-19 stimulus packages” for a total of $ 16,700 billion on the fiscal front distributed all over the world, UNEP states that it was “a largely missed opportunity” by countries on the interventions aimed at adapting to climate change, as only a small part has been used for green and resilient measures. (HANDLE).
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Source From: Ansa
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