WEBINARS
Virtual event | 90 minutes | September 2 | 7am New York | 8am Brasilia | 2pm Istanbul | 6pm Bangkok
Overview
This webinar discussed strategies for integrating climate change into national and sectoral budgeting and planning through experiences shared by two countries: Nepal and Uganda. Governments around the world are increasingly recognizing the need to invest in climate change as climate-induced shocks continue to impede sustainable development and economic stability.
Developing countries need an estimated US$340 billion by 2030 to adapt to the impacts of climate change (UNEP). However, only a small share of global climate finance is dedicated to adaptation ($46 billion out of $632 billion) and it is largely funded by public sources (CPI). Data on private finance for adaptation is largely missing; CPI estimates less than 2 percent of the total adaptation finance can be tracked to private sources. At the same time, WEF estimates the adaptation market could be worth $2 trillion annually by 2026.
