Adaptation Gap Report, 2022

Why in the News?

United Nations Environment Programme (UNEP) has released Adaptation Gap Report, 2022.

Key Points

Key Findings of Adaptation Gap Report

• It looks at progress in planning, financing, and implementing adaptation actions. 
• Global efforts in adaptation planning, financing, and implementation are not enough to prepare vulnerable communities around the world to adapt to the rising risks from the impacts of climate change.
• A third of the 197 parties to the UNFCCC have incorporated quantified and time-bound targets on adaptation.
•  International adaptation finance flows are five-10 times lower than required and this gap continues to grow. 
• Finance for adaptation increased to $29 billion in 2020 — only a four percent increase over 2019.
• The report found some progress on adaptation plans from national governments, but they are not backed by finance.
• Global efforts in adaptation planning, financing, and implementation are not enough to prepare vulnerable communities around the world to adapt to the rising risks from the impacts of climate change.

Way Forward:

• Urgent need to enhance finance flows for climate change adaptation.
• There is a need to increase the availability of climate risk data and information- an issue for adaptation planning in many developing countries.

About United Nations Environment Programme (UNEP)

• It is a leading global environmental authority established on 5th June 1972.
• It sets the global environmental agenda and serves as an authoritative advocate for global environment protection.