arihant current affairs magazine
arihant current affairs magazine
arihant current affairs magazine The article was published in the magazine THE ADAPTATION GAP REPORT 2021: THE GATHERING STORM Why in news? The report was recently released by UN Environment Programme (UNEP). About the report Report assesses national and global progress on adaptation covering 3 central elements of adaptation process: planning financing and implementation. Key findings of the report o Climate change adaptation is increasingly being embedded in policy and planningAround 79% of countries have adopted at least one national-level adaptation planning instrument (an increase of 7% since 2020). o Adaptation costs and financing needs in developing countries are 5 to 10 times greater than current finance flowsAdaptation finance gap is larger than indicated in 2020 and widening. o Opportunities provided by COVID-19 recovery stimulus packages for green and resilient recoveries are not currently being realized. Related terms Adaptation It is the process of reducing countries and communities vulnerability to climate change by increasing their ability to absorb impacts and remain resilient. Adaptation Gap It is defined as the difference between actually implemented adaptation and a societal set goal determined largely by preferences related to tolerated climate change impacts and reflecting resource limitations and competing priorities. Adaptation costs Costs of planning preparing for facilitating and implementing adaptation measures including transaction costs. Related News: First Movers Coalition (FMC) It is a public-private partnership launched by World Economic Forum in partnership with US and over 30 global businesses. It brings together global companies with supply chains across carbon-intensive sectors to invest in innovative green technologies so they are available for massive scale-up by 2030 to enable net-zero emissions by 2050 arihant monthly current affairs magazine subscription.
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