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Issue 179: No longer the poorer cousin of mitigation?

This week in ESG: Growing momentum in adaptation financing

Janice Lim
Published Fri, Jan 23, 2026 · 07:00 PM
    • Public funds are not enough to meet the adaptation financing needs of Asia-Pacific, and that private finance needs to plug the gap.
    • Public funds are not enough to meet the adaptation financing needs of Asia-Pacific, and that private finance needs to plug the gap. ILLUSTRATION: GARETH CHUNG

    Climate adaptation

    COP30 gives adaptation financing a push 

    Climate adaptation has often been seen as the poorer cousin of climate mitigation. 

    Measures aimed at helping society prepare better for, and reduce vulnerabilities to, climate impacts are often underinvested. This is as governments and private investors focus more on designing policy and deploying capital towards containing such effects through the reduction of greenhouse-gas emissions.

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