Adaptation Gap report

Why in news?

• UNEP has published the adaptation gap report.

About the report:

• It is published by UN environment program (UNEP).
• The annual cost of adaptation to the effects of climate change for developing countries is estimated to at least quadruple by 2050, as per the report.
• The currest cost for these countries is in the range of $70 billion (Rs 5.1 lakh crore) and may rise to $140-300 billion in 2030 and $280-500 billion in 2050.
• Adaptation cost includes costs of planning, preparing for, facilitating and implementing adaptation measures.
• 72 per cent of countries have adopted at least one national-level adaptation planning instrument.
• Most developing countries are preparing National Adaptation Plans. However, the finance needed to implement these plans is not growing fast enough.

PRELIMS QUESTION

Which of the following organisations publishes Adaptation gap report:
(a)UN environment program
(b)Green Peace
(c)Climate action network
(d)World Bank

Answer to Prelims Question