Context:
Adaptation Gap Report 2024 released
Adaptation Gap Report:
- Released by – United Nations Environment Programme (UNEP)
- Purpose – Provides annual assessment on progress in adaptation planning, implementation and finance.
- Adaptation Gap – Difference between actual adaptation measures and societal goals, influenced by resource limitations and competing priorities.
Key highlights:
- The adaptation gap is estimated at $187-359 billion per year.
- In 2022, international public adaptation finance to developing countries increased to $27.5 billion, showing progress towards the Glasgow Climate Pact’s goal to double adaptation finance from $19 billion (2019) by 2025.
- Ambitious adaptation can halve global climate risk.
- Investing $16 billion annually in agriculture, for example, could prevent about 78 million people from suffering climate-related hunger.
- Recommendations –
- Adopt a New Collective Quantified Goal for climate finance at COP29.
- Strengthen enabling factors like financial instruments, capacity building, and technology transfer.
- Shift adaptation financing from reactive, incremental, project-based approaches to more anticipatory, strategic, and transformational methods
Source: UNEP
Previous Year Question
Consider the following statements:
Statement-I: According to the United Nations’ World Water Development Report, 2022, India extracts more than a quarter of the world’s groundwater withdrawal each year.
Statement-II: India needs to extract more than a quarter of the world’s groundwater each year to satisfy the drinking water and sanitation needs of almost 18% of world’s population living in its territory.
Which one of the following is correct in respect of the above statements?
[UPSC Civil Services Exam – 2023 Prelims]
(a) Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
(c) Statement-I is correct but Statement-ll is incorrect
(d) Statement-I is incorrect but Statement-ll is correct
Answer: (c)
Explanation:
About 89% of this groundwater is used in India for irrigation. Hence, Statement 2 is not correct.
