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Mattias Söderberg is global climate lead at DanChurchAid. Bertha Argueta is a senior advisor on climate finance and development at GermanWatch. Cristina Rumbaitis del Rio is a senior advisor on adaptation and resilience at the UN Foundation. Ana Mulio Alvarez is a researcher on adaptation at E3G.

As COP29 unfolds in Baku, the urgency of addressing climate finance has never been more pronounced. The negotiations are fraught with challenges, and in particular, there is a stark lack of progress on adaptation. No country is willing to pay the increasing climate bill.

However, the costs associated with climate change will not diminish if countries bury their heads in the sand. Rather, they will escalate unless critical investments are made now.

Adaptation to climate change is not a future concern—it is a present necessity. Vulnerable countries are already grappling with the harsh realities of climate impacts, which include increased frequency of extreme weather events and rising sea levels.

The lack of adequate adaptation measures has led to significant climate-related loss and damage, highlighting a critical gap in adaptation finance that is estimated to be in the range of US$194 billion to US$366 billion per year by the UN Environment Programme.

Vast funding gap

Despite ongoing commitments from developed nations to double adaptation finance, skepticism remains regarding how these funds are reported and counted. Many countries from the Global South have expressed doubts about the transparency and definitions used in reporting climate finance, particularly within the framework of the UNFCCC. This lack of clarity undermines trust and complicates negotiations.

The Adaptation Fund, with a fundraising target of $300 million, exemplifies the challenges faced in securing adequate resources for adaptation initiatives.

Adaptation Fund head laments “puzzling” lack of pledges at COP29

This target pales in comparison to larger funds like the Green Climate Fund but remains unmet, with pledges at COP29 falling short of one-third of this goal. The need for robust language in the New Collective Quantified Goal (NCQG) is essential to ensure a stronger emphasis on adaptation financing moving forward.

Adaptation target in new finance goal

The NCQG discussions are centered around three key elements: quantum, contributor base, and structure of the new goal.

While these factors are crucial, it is equally vital that negotiators prioritize adaptation within this framework. Countries like the Least Developed Countries (LDCs) and the Alliance of Small Island States (AOSIS) are championing this cause, advocating for specific sub-targets or floors for adaptation finance that would compel developed nations to allocate necessary funding.

From cyclone to drought, Zimbabwe’s climate victims struggle to adapt

Historically, climate finance has favoured mitigation projects due to their potential for attracting private investment and stronger political backing from developed countries.

This trend must change. The NCQG should not merely reference a “balance” between mitigation and adaptation, as in current UN agreements, but should instead establish clear and enforceable targets for adaptation funding. Such commitments would not only increase financial flows but also empower individual countries to set their own national targets for adaptation finance.

Seize the moment

The urgency of these negotiations cannot be overstated. With only days remaining at COP29, it is crucial that parties increase their focus on adaptation needs. The financial commitments made here will significantly impact vulnerable nations’ ability to cope with climate change and fulfill their obligations under international agreements such as the Paris Agreement.

As COP29 progresses, negotiators must seize this opportunity to secure a strong commitment towards adaptation finance.

The stakes are high: failure to act decisively will exacerbate existing vulnerabilities and hinder global efforts to combat climate change effectively.

A robust NCQG that prioritizes adaptation will not only address immediate funding gaps but also foster trust between developed and developing nations—an essential element for collective action against climate change.

This article was updated after publication to correct the figures for the adaptation gap

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COP29 climate finance talks must have a strong adaptation focus

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Coral reefs are not doomed – but policy must catch up with the science 

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Dr. Stacy Jupiter is the Executive Director of the Wildlife Conservation Society’s Global Marine Program. Melissa Wright is Bloomberg Ocean Initiative Lead at Bloomberg Philanthropies.

For years, the dominant story on coral reefs has been one of inevitable loss, with news headlines focusing on mass bleaching, ecosystem collapse, and catastrophic tipping points. As ocean temperatures continue to rise, many people have come to see the decline of the world’s reefs as unavoidable.

The threats are real and urgent, but new evidence points to a more complicated and useful conclusion: some reefs still have a meaningful chance to survive and recover, provided they are protected.

A major new analysis, published today with the support of Bloomberg Philanthropies, identifies more than 165,000 square kilometers of coral reefs, across 71 countries and 100 territories and jurisdictions, with the strongest potential to withstand and recover from climate impacts. 

Drawing on more than 45,000 coral surveys, along with decades of climate and ocean data, the research finds that three times more reefs may be capable of surviving the climate crisis than previously understood. That has major implications for reef-dependent communities, food security, coastal protection, fisheries, tourism, and national economies.

    Essential natural infrastructure for communities

    The findings make clear that reefs will not all respond to climate impacts in the same way. Some are located in rare underwater cool spots that can help shield them from extreme heat. Some show greater resistance to bleaching and other climate-related stress. Others recover more quickly after severe disturbances. These differences matter because they show where protection can have the greatest long-term impact.

    More than 500 million people depend on reefs for food, livelihoods, and coastal protection. For those communities, climate-resilient reefs are not an abstract conservation priority. They are essential natural infrastructure. They help protect coastlines, sustain fisheries, support local economies, and reduce climate risk. Because ocean currents move coral larvae and marine life between reef systems, some of these reefs may also help regenerate wider reef ecosystems after climate shocks.

    This should change how governments, funders, and conservation partners prioritize action.

    Climate change remains the greatest long-term threat to coral reefs. At the same time, many of the pressures pushing reefs closer to collapse are immediate and local. Sewage pollution, deforestation, agricultural runoff, destructive fishing practices, and poorly managed coastal development continue to damage reefs that are already under stress. Recent research shows that water pollution and fishing pressure are now among the leading local threats affecting nearly two-thirds of the world’s coral reefs.

    These pressures can be reduced. Governments and local partners are already working to improve reef management, cut pollution, strengthen enforcement, and protect critical ecosystems. Those efforts need to move faster, alongside much stronger action to reduce greenhouse gas emissions.

    Prioritising climate-resilient reefs

    The new maps of climate-resilient reefs give governments, communities, and reef managers a clearer basis for action. They show where reefs have the strongest potential to persist over time, and where protection can deliver the greatest benefits for people, coastlines, and economies.

    Right now, only around 28 percent of the identified climate-resilient reefs fall within protected or conserved areas. If these reefs are among the most capable of surviving climate impacts and helping regenerate broader reef systems, they should be prioritized for protection, management, and investment.

    The case for action is practical as well as ecological. Healthy reefs can reduce wave energy by up to 97 percent, helping protect coastlines from storms, flooding, and erosion. They support fisheries that feed millions of people, sustain tourism jobs and local economies, and help reduce climate risk for vulnerable coastal communities.

    For many families, a healthy reef means food, income, and protection when storms hit. For Indigenous Peoples and coastal communities, reefs are also tied to culture, heritage, identity, and traditional knowledge systems.

    Ocean conservation must catch up

    Governments are beginning to recognize the urgency of protecting climate-resilient reefs. At last year’s UN Ocean Conference in Nice, 11 countries signed a declaration committing to stronger protection of these reefs, including action to address destructive fishing, pollution, and unsustainable coastal development.

    As leaders meet in Kenya this week to discuss the challenges facing the world’s ocean, more governments should join the declaration and help build a broader coalition committed to safeguarding these critical ecosystems.

    As coral reefs pass tipping point, ocean protection rises up political agenda

    Some countries are already showing what this leadership can look like. Brazil has included corals in its national climate plans. The Bahamas is embedding reef protection into national policy and local stewardship systems. The declaration offers a way to build on these efforts and scale them globally.

    But commitments will not be enough. Success will depend on implementation. That means stronger protection and management, reduced local pressures, increased investment, and meaningful support for the Indigenous Peoples and local communities stewarding these ecosystems.

    The science is clear. Many reefs still have the capacity to persist and recover. The question is whether policy and investment will move quickly enough to protect them, so they can continue sustaining communities, economies, and coastlines for generations to come.

    The post Coral reefs are not doomed – but policy must catch up with the science  appeared first on Climate Home News.

    Coral reefs are not doomed – but policy must catch up with the science 

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    Climate Change

    Months After a Jet Fuel Leak, No Agency Tested Waters Downstream of Piscataway Creek. So Community Groups Are Doing It Themselves.

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    Authorities that manage the Potomac River tributary did not sample the stretch where residents fish and recreate. One Indigenous leader sees the lack of response as part of a pattern of ongoing neglect.

    In the five months after jet fuel started leaking from Joint Base Andrews into Piscataway Creek, no agency tested the water or sediment some 20 miles downstream, where the creek empties into the Potomac River and the shoreline community and anglers gather to fish and boat along the riverbank.

    Months After a Jet Fuel Leak, No Agency Tested Waters Downstream of Piscataway Creek. So Community Groups Are Doing It Themselves.

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    Climate Change

    Trump Administration Abandons Fight Against Wind Energy as Clean Energy Output Surges

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    The clean energy sector is showing resilience despite challenges thrown at it by a hostile White House, a recent report found. A string of legal victories has further dampened the Trump administration’s efforts to halt wind and solar power.

    The Trump administration has abandoned its effort to halt wind energy projects across the United States and dropped its challenge to the court ruling that tossed President Donald Trump’s order freezing federal permitting and leasing for wind projects. States that challenged the order hailed the development as one of the most significant legal victories against the Trump White House’s campaign against the energy transition.

    Trump Administration Abandons Fight Against Wind Energy as Clean Energy Output Surges

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