Adaptation financing to gain momentum in 2026: sustainability analysts
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Sustainability analysts predict a significant increase in adaptation financing by 2026 due to escalating physical risks from climate change. Following COP30, there is a call to increase adaptation finance to US$120 billion by 2035, with new metrics to track progress. This framework aims to help governments and businesses incorporate adaptation strategies into their plans and investments, according to Sharad Somani from KPMG.
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