Adaptation Efforts Need $1.8 Trillion by 2030 to Avert ‘Climate Apartheid’ – The Energy Mix
The funding for weather warning systems, infrastructure, dry-land farming, mangrove protection, and water management would yield $7.1 trillion in benefits, according to a commission led by former UN secretary general Ban Ki-Moon, World Bank CEO Kristalina Georgieva, and Microsoft founder Bill Gates.
“Every tenth of a degree rise in temperature matters as impacts scale quickly, even exponentially,” wrote the 34 members of the Global Commission on Adaptation. “At higher temperature increases such as 3.0 to 4.0°C, it becomes almost certain that we will cross tipping points, or irreversible changes in ecosystems or climate patterns, which will limit our ability to adapt.”