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.

Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd. A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia. Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.

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