"A yawning gap in adaptation finance for developing countries" (UNEP’s 2025 Adaptation Gap Report)

To achieve the objectives of the global goal on adaptation, public and private actors need to step up financial support in line with the Baku to Belém Roadmap: this is the key message of a new report from the United Nations Environment Programme (UNEP) entitled: « Adaptation Gap Report: Running on Empty », published on 29/10/2025.

The report updates the cost of adaptation finance needed in developing countries : amid rising global temperatures and intensifying climate impacts, the latter will need at least US$310Bn per year in 2035, which is 12 to 14 times as much as current flows. Therefore, the new collective quantified goal for climate finance (NCQG) to deliver at least US$300Bn for both mitigation and adaptation per year by 2035 will not be enough.

"Developed nations should be investing in their own adaptation and climate resilience and, crucially, they should be financially supporting those developing countries least responsible for the climate crisis to do the same. Yet this report shows they are not at the levels needed", declared Inger Andersen, Under-Secretary-General of…