*Result*: Declining Climate Funding Spurs Index of Most Vulnerable Nations.
*Further Information*
*The article discusses the Climate Finance Vulnerability Index, which aims to direct climate adaptation aid to the countries most in need. This index evaluates countries based on their exposure to climate hazards and their financial resilience, highlighting that many vulnerable nations, particularly in Africa, struggle with limited access to funding despite facing significant climate risks. Developed by Columbia University and funded by the Rockefeller Foundation, the index reveals a stark disparity in adaptation funding, with developing countries requiring an estimated $215 billion to $387 billion annually, while only $27.5 billion was provided in 2022. The article emphasizes the urgency of addressing this funding gap, especially in light of recent cuts to foreign aid from countries like the US and UK. [Extracted from the article]
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