Adapt now: a global call for leadership on climate resilience
Investing $1.8 trillion globally from 2020 to 2030 in five areas of climate adaptation could yield up to $7.1 trillion in net benefits says the report by the Global Commission on Adaptation released today.
The world’s readiness for the inevitable effects of the climate crisis is “gravely insufficient”, according to a report from global leaders. This lack of preparedness will result in poverty, water shortages and levels of migration soaring, with an “irrefutable toll on human life”, the report warns. Trillion-dollar investment is needed to avert “climate apartheid”, where the rich escape the effects and the poor do not, but this investment is far smaller than the eventual cost of doing nothing. The study says the greatest obstacle is not money but a lack of “political leadership that shakes people out of their collective slumber”. A “revolution” is needed in how the dangers of global heating are understood and planned for, and solutions are funded.