Report: Climate fund not reaching victims
The current funding and other efforts aimed at mitigating the effects of climate change are not enough to enable the people battling with its effects to secure their survival.
A report released yesterday has revealed that only a tiny fraction of climate funding reaches the people battling the worst effects of climate change, although local communities have a more holistic view of what is needed to build climate resilience and adaptive capacity on the ground.
The report dubbed Lessons from Local Adaptation Practice 2023 further states that the lack of the necessary resources for the communities to protect themselves and their livelihoods leaves them more vulnerable, and unable to secure their survival.
It was released by the Global Centre on Adaptation (GCA) and Climate and Development Knowledge Network (CDKN).
According to the report, though local adaptation leaders are working hard to transform lives and livelihoods in the face of the changing climate, their gains are precarious where they lack the enabling environment -legislative, financial, institutional, and technical -to lock in such transformations.
“Global leaders need to recognise that no global stocktake or measures of progress towards a Global Goal on Adaptation can be effective without including local-level assessments of the progress individuals and communities make in managing the impacts of climate change,” said Professor Patrick Verkooijen (pictured), the CEO of the Global Centre on Adaptation.
It also states that many local adaptation leaders are struggling to find the necessary support and resources to enable them to scale and extend their work to other communities.