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UN urges nations to scale up climate change adaptation to avoid major economic loss

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Posted on March 25 2021

From CNBC, January 14, 2021

Governments across the world must significantly scale up climate adaptation measures to avoid major economic damage from global warming, according to the fifth edition of the UN Environment Programme Adaptation Gap report.

Nations must put half of all global climate financing towards adaptation in the next year in order to avoid the worst impact of climate change, according to the report published on Thursday. In 2020, the hottest year on record, on par with 2016, the world experienced record-breaking hurricanes and wildfires that continue to intensify as temperatures rise.

Such a commitment would include investing in nature-based solutions to mitigate climate change, such as practices like replanting trees on degraded land, sequestering more carbon in soil through agricultural practices and protecting forests through changing logging practices.

 

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