UN report: poorer countries need further climate aid

Status: 04.11.2021 6:13 p.m.

According to the UN, developing countries need up to ten times more financial aid than planned to protect against the consequences of climate change. The money flows too slowly – and the share for adaptation to climate impacts is too small.

Research has shown that global funding for adaptation to the effects of climate change is too low. According to the “Adaptation Gap Report 2021” of the UN environmental program UNEP, the estimated costs of climate adaptation that developing countries have to bear are five to ten times higher than the funds they currently have. According to this, developing countries alone will need up to $ 300 billion per year for measures to adapt to climate change by 2030 and up to $ 500 billion per year by 2050.

“Even if we should turn off the tap on greenhouse gas emissions today, the consequences of climate change will accompany us for many decades,” said UNEP chief Inger Andersen on the sidelines of the climate conference in Glasgow. In order to significantly reduce the damage and losses from climate change, Andersen called for a breakthrough in adaptation measures and more ambition in financial aid. “The money is still not flowing the way it should,” she said.

Adaptation to climate impacts such as storms, heavy rain or heat waves is increasingly on the political agenda, said Andersen. But overall the budget is too small.

Donor countries are missing the financial target

Originally, the industrialized countries had planned to provide 100 billion dollars annually by 2020 for climate protection and climate adaptation in poorer countries. Shortly before the start of the climate summit, industrialized countries had admitted that they had missed their target for annual climate aid to poorer countries. Now, according to the donor countries, the target will not be reached until 2023.

According to the Organization for Economic Cooperation and Development (OECD), the total so far is around 80 billion dollars per year. However, a large part of the sum is earmarked for reducing greenhouse gas emissions. So far, less weight has been attached to measures to adapt to the consequences of climate change. According to the UN, the proportion reserved for this is only 25 percent.

“If I have climate change, you have climate change too”

The countries of the global south and environmental organizations demand that the proportion for adaptation measures to the consequences of climate change be increased to 50 percent. They are even more affected by storms, floods and droughts than the industrialized nations.

But the consequences of climate change would affect everyone, according to UNEP boss Andersen. “No country is isolated. If I have climate change, you have climate change too,” she said. The corona pandemic has exacerbated the situation, especially for the poorest countries. “We have to increase the climate adaptation funds,” said the president of the climate conference, Alok Sharma.

Reference-www.tagesschau.de

Leave a Reply

Your email address will not be published. Required fields are marked *