Advancing Action on Climate Adaptation

Greater support and action on adaptation is a longstanding need, as outlined in the Global Goal on Adaptation (GGA), established under the 2015 Paris Agreement. The estimated cost of adaptation for developing countries could reach up to US$387 billion annually within this decade, underscoring the importance of addressing the scale and frequency of climate-related disasters and impacts. The GGA is a framework to provide measurable targets, indicators, and guidelines aimed at catalyzing adaptation initiatives and enhancing financing and support for developing countries. Yet, putting the GGA into action has proved challenging.

On February 22, 2024 Aga Khan Foundation Canada and the International Institute for Sustainable Development (IISD) hosted a virtual event on advancing global action on adaptation and the implications of COP28’s adaptation-related outcomes. The event included presentations, a panel discussion with experts, and was followed by a Q&A, and interactive discussion groups.