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Rich nations provided USD 32.4 bn in adaptation finance in 2022; large gap remains: Report

By Economic Times - 3 weeks ago
Developed countries increased climate adaptation funding to $32.4 billion in 2022, a significant rise but still far short of the $215-387 billion annually that developing nations need. The UN urges developed countries to double adaptation funding by 2025, emphasizing the disproportionate impact of climate change on poorer nations.

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