The world isn't spending nearly enough to adapt to climate shocks, UN says

Quick Summary:

While adaptation aid has increased, it falls short of the estimated needs, raising concerns about the ability of vulnerable countries to cope with climate disasters.

Under the 2015 Paris climate agreement, wealthy nations agreed to provide significantly more financial aid to developing nations.

World leaders were set to meet next week in Azerbaijan at the U.N.climate summit, called COP29, to discuss how to increase financial assistance to developing nations.

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Article Details

Author / Journalist: NYT News Service

Category: Business

Markets: IndiaAzerbaijanUnited States

Topics: Climate change UN climate report 2023 Global warming effects COP29 climate summit Climate justice

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 10:08:07 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 648 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 23467703

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 3 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

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