Needless to mention that President-elect Donald Trump’s rigid stance over climate change is behind this worry. The fund is supposed to be the major source of public finance for the adaptation process of developing countries. In line with the Paris Agreement, just few days ahead of COP22, 21 developed countries finally released the long-waited “Roadmap to $100bn”. However, even ‘the doubling of present adaptation finance would be only 20% of the total $100bn in 2020”. In the fourth day of COP22 negotiation, Philippines, for the G-77/China also stressed on clarity on how to scale up climate finance and, with AILAC, on considering how to advance adaptation finance.

Source: Dhaka Tribune November 11, 2016 18:31 UTC