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EconomicUnited Kingdom·4 Nov 2026

UN report finds wealthy nations failing to meet climate adaptation funding targets

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A UN report released on November 4 found that developed nations provided $28.2 billion in climate adaptation funding in 2024, falling significantly short of the $305 billion estimated requirement for developing nations. This disparity persists despite a COP29 pledge to mobilize $300 billion annually and a prior commitment to reach $120 billion by 2035.…

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Straits Times
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