This year’s UN climate change conference (COP29) in Baku, Azerbaijan, takes place amid worsening climate impacts – even countries that were not considered among the most vulnerable are waking up to the urgent need to adapt to a warming planet.
New research from the UN Environment Programme highlights the scale of the adaptation challenge and how it has grown in prominence, while finance to tackle rising needs has lagged behind.
This year’s Adaptation Gap Report highlights the “extremely large” gap between adaptation finance needs in developing countries – estimated at $215 billion-$387 billion per year this decade – and actual flows of money. In 2022, international public finance for adaptation projects reached only $28 billion, up from $22 billion in 2021, the report notes.
“The climate crisis is here. We can’t postpone protection. We must adapt – now,” UN Secretary-General Antonio Gueterres said in a video statement when the report was released, calling for “a massive increase in adaptation finance from public and private sources”.
“Immediate necessity”
Since the Adaptation Fund was established, it has invested more than $1.2 billion in over 180 different projects around the world, benefiting around 46 million vulnerable people and training around 1.6 million people in climate resilience measures.
In the more than 17 years that the fund has operated in the field, the urgency to respond in the present – and not leave it to future generations as the problem was often framed in the past – has become crystal clear.
The fund has managed to stay flexible and evolve with the world around it.
“In this rapidly changing world, adaptation is no longer a distant goal; it is an immediate necessity that requires urgent investments because delays in meeting adaptation finance needs lead to increasing costs of inaction, reaching limits of adaptation and increasing loss and damage,” said Adaptation Fund Head Mikko Ollikainen.
“The Fund’s ability to adapt to a changing landscape has been crucial. By fostering tangible and scalable actions on the ground, innovation and locally led adaptation, we empower pilot projects to demonstrate their value and pave the way for larger-scale climate action.”
Proud pioneers
This is what happened, for example, with one of the Adaptation Fund’s earliest recipients of its grant funding: the Centre de Suivi Ecologique (CSE), an environmental institution in Senegal, which tapped into the fund’s pioneering direct access programme.
Back in 2010, CSE was awarded $8.6 million to implement a complex project to stop coastal erosion in three regions – Rufisque, Saly and Joal – where sea level rise threatened thousands of livelihoods in tourism and fishing.
In Saly, a village around 50 miles (80.5 km) from the capital Dakar, the project built a new 730-metre seawall, 1.4-km long underwater berms, and a 3.3-km dyke to prevent saltwater from reaching fertile rice fields.
According to Dr. Assize Toure, then CSE’s director-general, the project “helped protect thousands of lives, infrastructure and goods while raising awareness of climate change in three cities along Senegal’s vulnerable coast”.
Senegal was “proud to be a pioneer” of that original funding, he said, adding that it directly led to new opportunities and initiatives to combat climate change in the country.
After the success of the initial project – which protected an estimated 3,000 jobs – CSE won a separate round of funding a few years later to further bolster the resilience of coastal communities to the encroaching sea.
The head of CSE’s climate finance unit, Aïssata Sall, believes that the different forms of support on offer from the Adaptation Fund – to help with everything from project preparation to learning grants – have improved results, and boosted the ability of CSE and other partners working on the ground to mobilise more resources.
“That inevitably contributes to the Paris Agreement,” she told the fund.
Adaptation grows in importance
The earliest UN climate conferences, back in the 1990s, often made only passing references to adaptation.
The first climate COP in 1995 stated that adaptation would “require short, medium and long-term strategies which are cost-effective”. But it was the Kyoto Protocol, signed in 1997, that first established a specific vehicle – the Adaptation Fund – to help finance these projects in developing countries through concrete projects for the most climate-vulnerable.
Dr. Toure of CSE described the Adaptation Fund’s arrival in the landscape of climate finance as “a major development for developing countries”. The fund now serves the Paris Agreement, adopted in 2015.
Almost 30 years since the fund’s inception, we are living with the impacts of extreme weather on a regular basis – and the need to adapt to this new reality is urgent. It is hard to tell whether those negotiating at the early COP summits fully anticipated how climate change would develop, and the role adaptation would need to play as the crisis intensifies.
By contrast, the outcome of the COP28 conference in Dubai last year includes almost 100 references to adaptation, starting on the very first page.
The adaptation landscape has changed considerably since the first UN climate conference was held in Berlin. More money is flowing into projects that vary in size and ambition around the world – and there are more funds dedicated to scaling up this work to ensure many more millions of people can be protected against climate disasters. However, adaptation finance needs continue to rise sharply.
Resource mobilisation target
The Adaptation Fund Board has set a resource mobilisation target of $300 million for this year amid a growing project pipeline approaching $500 million. Leaving Baku without meeting this target would send a dire signal to climate-vulnerable people around the world.
The importance of the UN COP process as a central place for galvanising adaptation policy and finance should not be underestimated. It remains one of the few forums that gathers so many stakeholders for two weeks – and where new commitments are made each year. This COP in particular is of critical importance as it should agree on a new global climate finance goal.
Those same governments and partners coming together in Baku for the latest negotiations are aware that sea levels are rising and extreme weather is directly threatening our way of life. Adaptation is the solution that can keep the waters at bay. It’s time to ensure that it’s properly funded.
Sponsored by the Adaptation Fund. See our supporters page for what this means.
Adam Wentworth is a freelance writer based in Brighton, UK.
The post COP29: We need to adapt to climate chaos now appeared first on Climate Home News.
Climate Change
Big fishing nations secure last-minute seat to write rules on deep sea conservation
As a treaty to protect the High Seas entered into force this month with backing from more than 80 countries, major fishing nations China, Japan and Brazil secured a last-minute seat at the table to negotiate the procedural rules, funding and other key issues ahead of the treaty’s first COP.
The Biodiversity Beyond National Jurisdiction (BBNJ) pact – known as the High Seas Treaty – was agreed in 2023. It is seen as key to achieving a global goal to protect at least 30% of the planet’s ecosystems by 2030, as it lays the legal foundation for creating international marine protected areas (MPAs) in the deep ocean. The high seas encompass two-thirds of the world’s ocean.
Last September, the treaty reached the key threshold of 60 national ratifications needed for it to enter into force – a number that has kept growing and currently stands at 83. In total, 145 countries have signed the pact, which indicates their intention to ratify it. The treaty formally took effect on January 17.
“In a world of accelerating crises – climate change, biodiversity loss and pollution – the agreement fills a critical governance gap to secure a resilient and productive ocean for all,” UN Secretary-General António Guterres said in a statement.
Julio Cordano, Chile’s director of environment, climate change and oceans, said the treaty is “one of the most important victories of our time”. He added that the Nazca and Salas y Gómez ridge – off the coast of South America in the Pacific – could be one of the first intact biodiversity hotspots to gain protection.
Scientists have warned the ocean is losing its capacity to act as a carbon sink, as emissions and global temperatures rise. Currently, the ocean traps around 90% of the excess planetary heat building up from global warming. Marine protected areas could become a tool to restore “blue carbon sinks”, by boosting carbon absorption in the seafloor and protecting carbon-trapping organisms such as microalgae.
Last-minute ratifications
Countries that have ratified the BBNJ will now be bound by some of its rules, including a key provision requiring countries to carry out environmental impact assessments (EIA) for activities that could have an impact on the deep ocean’s biodiversity, such as fisheries.
Activities that affect the ocean floor, such as deep-sea mining, will still fall under the jurisdiction of the International Seabed Authority (ISA).
Nations are still negotiating the rules of the BBNJ’s other provisions, including creating new MPAs and sharing genetic resources from biodiversity in the deep ocean. They will meet in one last negotiating session in late March, ahead of the treaty’s first COP (conference of the parties) set to take place in late 2026 or early 2027.
China and Japan – which are major fishing nations that operate in deep waters – ratified the BBNJ in December 2025, just as the treaty was about to enter into force. Other top fishing nations on the high seas like South Korea and Spain had already ratified the BBNJ last year.
Power play: Can a defensive Europe stick with decarbonisation in Davos?
Tom Pickerell, ocean programme director at the World Resources Institute (WRI), said that while the last-minute ratifications from China, Japan and Brazil were not required for the treaty’s entry into force, they were about high-seas players ensuring they have a “seat at the table”.
“As major fishing nations and geopolitical powers, these countries recognise that upcoming BBNJ COP negotiations will shape rules affecting critical commercial sectors – from shipping and fisheries to biotechnology – and influence how governments engage with the treaty going forward,” Pickerell told Climate Home News.
Some major Western countries – including the US, Canada, Germany and the UK – have yet to ratify the treaty and unless they do, they will be left out of drafting its procedural rules. A group of 18 environmental groups urged the UK government to ratify it quickly, saying it would be a “failure of leadership” to miss the BBNJ’s first COP.
Finalising the rules
Countries will meet from March 23 to April 2 for the treaty’s last “preparatory commission” (PrepCom) session in New York, which is set to draft a proposal for the treaty’s procedural rules, among them on funding processes and where the secretariat will be hosted – with current offers coming from China in the city of Xiamen, Chile’s Valparaiso and Brussels in Belgium.
Janine Felson, a diplomat from Belize and co-chair of the “PrepCom”, told journalists in an online briefing “we’re now at a critical stage” because, with the treaty having entered into force, the preparatory commission is “pretty much a definitive moment for the agreement”.
Felson said countries will meet to “tidy up those rules that are necessary for the conference of the parties to convene” and for states to begin implementation. The first COP will adopt the rules of engagement.
She noted there are “some contentious issues” on whether the BBNJ should follow the structure of other international treaties such as the Convention on Biological Diversity (CBD), as well as differing opinions on how prescriptive its procedures should be.
“While there is this tension on how far can we be held to precedent, there is also recognition that this BBNJ agreement has quite a bit to contribute in enhancing global ocean governance,” she added.
The post Big fishing nations secure last-minute seat to write rules on deep sea conservation appeared first on Climate Home News.
Big fishing nations secure last-minute seat to write rules on deep sea conservation
Climate Change
Climate at Davos: Energy security in the geopolitical driving seat
The annual World Economic Forum got underway on Tuesday in the Swiss ski resort of Davos, providing a snowy stage for government and business leaders to opine on international affairs. With attention focused on the latest crisis – a potential US-European trade war over Greenland – climate change has slid down the agenda.
Despite this, a number of panels are addressing issues like electric vehicles, energy security and climate science. Keep up with top takeaways from those discussions and other climate news from Davos in our bulletin, which we’ll update throughout the day.
From oil to electrons – energy security enters a new era
Energy crises spurred by geopolitical tensions are nothing new – remember the 1970s oil shock spurred by the embargo Arab producers slapped on countries that had supported Israel during the Yom Kippur War, leading to rocketing inflation and huge economic pain.
But, a Davos panel on energy security heard, the situation has since changed. Oil now accounts for less than 30% of the world’s energy supply, down from more than 50% in 1973. This shift, combined with a supply glut, means oil is taking more of a back seat, according to International Energy Agency boss Fatih Birol.
Instead, in an “age of electricity” driven by transport and technology, energy diplomacy is more focused on key elements of that supply chain, in the form of critical minerals, natural gas and the security buffer renewables can provide. That requires new thinking, Birol added.
“Energy and geopolitics were always interwoven but I have never ever seen that the energy security risks are so multiplied,” he said. “Energy security, in my view, should be elevated to the level of national security today.”
In this context, he noted how many countries are now seeking to generate their own energy as far as possible, including from nuclear and renewables, and when doing energy deals, they are considering not only costs but also whether they can rely on partners in the long-term.
In the case of Europe – which saw energy prices jump after sanctions on Russian gas imports in the wake of Moscow’s invasion of Ukraine – energy security rooted in homegrown supply is a top priority, European Commission President Ursula von der Leyen said in Davos on Tuesday.
Outlining the bloc’s “affordable energy action plan” in a keynote speech at the World Economic Forum, she emphasised that Europe is “massively investing in our energy security and independence” with interconnectors and grids based on domestically produced sources of power.
The EU, she said, is trying to promote nuclear and renewables as much as possible “to bring down prices and cut dependencies; to put an end to price volatility, manipulation and supply shocks,” calling for a faster transition to clean energy.
“Because homegrown, reliable, resilient and cheaper energy will drive our economic growth and deliver for Europeans and secure our independence,” she added.
Comment – Power play: Can a defensive Europe stick with decarbonisation in Davos?
AES boss calls for “more technical talk” on supply chains
Earlier, the energy security panel tackled the risks related to supply chains for clean energy and electrification, which are being partly fuelled by rising demand from data centres and electric vehicles.
The minerals and metals that are required for batteries, cables and other components are largely under the control of China, which has invested massively in extracting and processing those materials both at home and overseas. Efforts to boost energy security by breaking dependence on China will continue shaping diplomacy now and in the future, the experts noted.
Copper – a key raw material for the energy transition – is set for a 70% increase in demand over the next 25 years, said Mike Henry, CEO of mining giant BHP, with remaining deposits now harder to exploit. Prices are on an upward trend, and this offers opportunities for Latin America, a region rich in the metal, he added.
At ‘Davos of mining’, Saudi Arabia shapes new narrative on minerals
Andrés Gluski, CEO of AES – which describes itself as “the largest US-based global power company”, generating and selling all kinds of energy to companies – said there is a lack of discussion about supply chains compared with ideological positioning on energy sources.
Instead he called for “more technical talk” about boosting battery storage to smooth out electricity supply and using existing infrastructure “smarter”. While new nuclear technologies such as small modular reactors are promising, it will be at least a decade before they can be deployed effectively, he noted.
In the meantime, with electricity demand rising rapidly, the politicisation of the debate around renewables as an energy source “makes no sense whatsoever”, he added.
The post Climate at Davos: Energy security in the geopolitical driving seat appeared first on Climate Home News.
Climate at Davos: Energy security in the geopolitical driving seat
Climate Change
A Record Wildfire Season Inspires Wyoming to Prepare for an Increasingly Fiery Future
As the Cowboy State faces larger and costlier blazes, scientists warn that the flames could make many of its iconic landscapes unrecognizable within decades.
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