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UN: Developing Nations Need $365B for Climate Adaptation

10/30/2025

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Summary

Story summary

The United Nations reports developing countries need $310 to $365 billion annually for climate adaptation by 2035.
Global adaptation finance fell to $26 billion in 2023, down from $28 billion in the previous year.
The report notes the Conference of the Parties 26 (COP26) pledge of $40 billion by 2025.
The Conference of the Parties 30 (COP30) in Brazil aims to address funding challenges and promote adaptation.

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Story summary

The United Nations reports developing countries need $310 to $365 billion annually for climate adaptation by 2035.
Global adaptation finance fell to $26 billion in 2023, down from $28 billion in the previous year.
The report notes the Conference of the Parties 26 (COP26) pledge of $40 billion by 2025.
The Conference of the Parties 30 (COP30) in Brazil aims to address funding challenges and promote adaptation.