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March 21, 2023

Lack of finance is hindering climate change efforts, says IPCC

Flooding in Peru
The IPCC report argues that there is a lack of money going to help countries adapt to the impacts of climate change. (Photo: Cris Bouroncle/Getty Images)

The authors of the UN body’s latest report warn about greater near-term global warming risks and point to “insufficient and misaligned finance” as one of the key obstacles to progress.

A lack of finance is slowing action to reduce greenhouse gas emissions and hindering the ability of communities to become more resilient to the impacts of a warming world, according to the latest report from the Intergovernmental Panel on Climate Change.

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