Financing Climate Adaptation with Special Drawing Rights (SDRs)

Four billion people live in countries where climate change-related disasters are becoming more severe and frequent. Spending money to adapt, known as “climate adaptation finance” is a fraught topic. Who will pay for those adaptations and how, as well as a global goal on adaptation are all being discussed at COP28. To find out more, Akshat speaks with Patrick Verkooijen, head of the Global Center on Adaptation about the history of climate adaptation finance, what negotiations are taking place, and why the money promised still hasn’t arrived.

Read More:

• A quick Q&A with Patrick Verkooijen at COP28
• A UN report shows that the climate adaptation gap is growing 
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