BELÉM, Brazil — A group of countries is calling for a U.N. agreement to triple the amount of money for preventing the impacts of a hotter planet, as climate pollution keeps rising and funding for adaptation falls further behind.
The move to increase adaptation funding to $120 billion annually at the COP30 climate talks comes as wealthy nations have cut back international aid and as President Donald Trump moves to withdraw the U.S. from the Paris Agreement, hampering global efforts to inject additional funding into climate actions.
Even before Trump took office, nations worldwide had a spotty record of meeting their financial commitments to lower pollution and offer interest-free funding for protective infrastructure, agriculture and ecosystems.
“Adaptation must move from vague aspirations to concrete action. It requires strong targets backed by finance, technology transfer and capacity building,” Sierra Leone’s climate and environment minister, Jiwoh Abdulai, told U.N. officials Monday.
