International funding to protect communities against heatwaves, floods and droughts is just 5-10% of what is needed today and actually fell in recent years, just as extreme weather hit even harder.
The UN environment programme (Unep) report estimates that between $215bn and $387bn a year (£177bn-£319bn) is needed for climate adaptation in poor and vulnerable countries alone this decade. However, funding fell by 15% - to just $21bn - in 2021, the report says.
Rich nations pledged at the UN climate summit in Glasgow in 2021 to provide $40bn by 2025.
Providing the adaptation measures needed to shield people from climate effects is a top priority for the Cop28 summit, which begins in the United Arab Emirates on 30 November, alongside cutting carbon emissions.
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