BusinessDay

COP 26: Locally-led adaptation principles gain support

Global leaders commit to a shift towards locally-led adaptation through over 70 endorsements to the Principles for Locally Led Adaptation and over $450m mobilised for initiatives and programmes enhancing locally-led approaches.

. $232 million has been committed to the Adaptation Fund, the highest single mobilisation to the Fund and more than double the previous highest collective mobilisation with a $20m contribution from the UK. Commitments came from the USA, Canada, Sweden, Finland, Ireland, Germany, Norway, Italy, Qatar, Spain, Switzerland, the UK and the Quebec and Flanders governments.

· Race to Resilience campaign brings together initiatives that are strengthening the urban, coastal and rural resilience of 2 billion people worldwide.

Read also: COP26: Nigeria, 44 other nations commit to sustainable farming

· New climate providers have committed to balance through the Champions Group on Adaptation finance.

· The UK has announced £290 million in new funding for adaptation today, including £274 million for the Climate Action for a Resilient Asia (CARA) programme.

· New climate providers have committed to balance through the Champions Group on Adaptation finance.

· 88 countries are now covered by Adaptation Communications or National Adaptation Plans to increase preparedness to climate risks, with 38 published in the last year.

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