As the COP27 climate summit drew to a close over the weekend, it’s important to acknowledge that progress was made on climate adaptation – even if more can be done.
“Climate adaptation” is a term for how countries adapt to the impacts of climate change. It could be, for instance, by strengthening infrastructure to better withstand disasters, moving towns out of floodplains, or transforming the agriculture sector to minimise food insecurity.
As the costs of disasters climb, working out who will finance climate adaptation has become increasingly urgent for developing nations. For decades, they’ve called upon wealthy countries – largely responsible for causing the climate crisis in the first place – to foot the bill.