Efforts to help vulnerable countries adapt to the impacts of climate change received 8% of the climate finance mobilised in 2017 and remain under-funded compared to attempts to reduce emissions, according to analysis by the Organisation of Economic Cooperation and Development ( the Organisation of Economic Cooperation and Development ), which represents almost a third of the world’s most developed countries. The majority of such money went to support emissions reduction efforts, with 8% supporting both goals. The OECD report was released just days after the Organisation of Economic Cooperation and Development warned that unless adaptation preparations were stepped up, agriculture yields could fall by 36 by 2050 .
Efforts to help vulnerable countries adapt to the impacts of climate change received just 19% of the climate finance mobilised in 2017 and remain under-funded compared to attempts to reduce emissions, according to analysis by the Organisation of Economic Cooperation and Development (OECD), which represents 36 of the world’s most developed countries. The majority of such money went to support emissions reduction efforts, with 8% supporting both goals. The OECD report was released just days after the Global Commission on Adaptation warned that unless adaptation preparations were stepped up, agriculture yields could fall by almost a third by 2050.