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Climate Facts: Annual adaptation costs in developing countries could reach $300bn by 2030, says UN

Climate Facts: Annual adaptation costs in developing countries could reach $300bn by 2030, says UN
March 06
16:40 2024

The complexities of climate change and its associated jargon can make it difficult to digest. TheCable’s climate quick facts will help to demystify these climate concepts through easy-to-understand and straight-to-the-point explanations.

Here are some to keep at the tip of your fingers:

  • The United Nations says about $16.8 billion – 21 percent of international climate finance goes to adaptation and resilience per year.
  • Annual climate adaptation costs in developing countries are in the range of $70 billion but could reach $300 billion by 2030, the organisation said.
  • Without adaptive measures, the number of people who lack sufficient water for at least one month per year will soar from 3.6 billion today to more than 5 billion by 2050.
  • According to the Intergovernmental Panel on Climate Change (IPCC), the number of days per year when temperature exceeds 35°C will increase by more than 150 days in many tropical areas by the end of the 21st century.
  • From 1990 to 2019, research on Africa received just 3.8 percent of climate-related research funding globally. This, according to the IPCC has reduced adaptive capacity in the continent.



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