'Running on empty': Global gap in annual funding for climate adaptation now stands at up to $399bn

clock • 6 min read
Credit: iStock
Image:

Credit: iStock

UN estimates the 'yawning gap' in private and public finance needed to prepare and adapt the world for worsening climate change impacts now stands at between $284bn and $399bn per year

The amount of funding needed to prepare and adapt communities and infrastructure around the world to the worsening impacts of climate change now stands at between $284bn and $399bn per year, a vast funding...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Amber Rolt

View profile
More from Amber Rolt

Prime Minister urged to tap sustainable timber industry to tackle housing crisis

'Do It Right': Signature Brew, Wildfarmed, and Groove Armada launch regeneratively farmed beer

More on Climate change

Global Briefing: Four-in-five countries failed to meet deadline for tackling 'harmful' subsidies
Climate change

Global Briefing: Four-in-five countries failed to meet deadline for tackling 'harmful' subsidies

Just 21 countries met a target to identify all environmentally 'harmful' subsidies, Spain rolls out new EV incentives, and Canberra reveals next stage of strategy to reach net zero by 2045

Stuart Stone
Stuart Stone
clock 31 July 2026 • 8 min read
UK drought: Crop harvests at severe risk of collapse
Climate change

UK drought: Crop harvests at severe risk of collapse

Sven Batke, Edge Hill University - The Conversation
clock 31 July 2026 • 5 min read
Climate change created 'tinderbox conditions' for European wildfires, scientists warn
Climate change

Climate change created 'tinderbox conditions' for European wildfires, scientists warn

Back-to-back heatwaves and worsening drought linked to human-induced climate change made wildfires at least twice as likely in France and at least 20 times more likely in Spain

Stuart Stone
Stuart Stone
clock 31 July 2026 • 5 min read