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Reuters
Reuters
Business
By Simon Jessop and Emilie Madi

COP27: Gates Foundation CEO calls for more cash for climate adaptation

Participants attend the COP27 climate summit in Egypt's Red Sea resort of Sharm el-Sheikh, Egypt November 8, 2022. REUTERS/Mohammed Salem

The world's development banks need to prioritise helping poorer countries adapt to the impacts of climate change, the chief executive of the Bill and Melinda Gates Foundation told Reuters.

Speaking on the sidelines of the COP27 climate talks in Sharm el-Sheikh, Egypt, Mark Suzman said while investment in so-called adaptation finance had increased, it was still "far short of what is needed".

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