According to the “2026 Adaptation Gap Report” released by the United Nations Environment Programme on the 4th, the growth of international public adaptation funding from developed countries to developing countries is slowing down, far below actual demand. The capital in 2024 was $28.2 billion to $31.7 billion, an increase of $1 billion over 2023; after deducting inflation, capital flows to least developed countries and small island developing States are still below the 2022 peak. The report estimates that by 2035, developing countries will adapt to financial needs of about 305 billion US dollars a year. COP30 calls on developed countries to double adaptation funding from 2019 levels by 2025 and triple by 2035. Even if expected targets are achieved, only 20% to 29% of demand after inflation is included. Adaptation funding among developing countries through multilateral development banks and South-South cooperation increased from US$3.8 billion in 2019 to US$9.6 billion in 2024.

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