Press Release: Climate justice groups from across constituencies demand: “Adaptation finance in the trillions!”

Summary

Scaling adaptation finance in vulnerable regions requires urgent delivery of public, grant-based finance, not loans, speculative instruments, or market mechanisms. Private finance cannot substitute for public climate finance obligations, and may only play a strictly complementary role under rules that prioritize people and communities over profit.

For Immediate Release

Nov 12, 2025

PHOTOS 

Action 1: HERE (Credit: Jason Valenzuela / APMDD) 

Action 2: (Incoming

Belém, Brazil— The Adaptation Gap stands at $310-365 billion/year, 12-14x current adaptation finance flows, and larger than the NCQG commitment. At the same time, National Adaptation Plans submitted by developing countries estimate total adaptation finance needs at $842-844 billion. This staggering shortfall lays bare the failure of the Global North to meet its obligations, especially when set against the trillions of dollars still poured annually into fossil fuel subsidies. 

Scaling adaptation finance in vulnerable regions requires urgent delivery of public, grant-based finance, not loans, speculative instruments, or market mechanisms. Private finance cannot substitute for public climate finance obligations, and may only play a strictly complementary role under rules that prioritize people and communities over profit. With the Glasgow Pact of $300 million/year for 2022–2025 expiring this year, it is in the hands of negotiators at COP30 to set a replenishment target for adaptation that is ambitious and meets the trillions of dollars of the scale of need of the Global South.

Peaceful protest 

When: Nov 13, Thursday, 2025, Action 1 at 8:15am and Action 2 at 1:00pm  Bonn (GMT+2)

Where: Action 1 (Outside COP30 Blue Zone entrance), Action 2 (Outside Press Conference room 2)

Speakers:

  • Gaby Sodre of Latin American Youth Climate Scholarship (LAYCS) of the Women and Gender Constituency
  • Karabo Mokgonyana of Climate Action Network
  • Evelyn Namuli of YOUNGO Adaptation Working Group
  • Reo Inigo of SOS Philippines, member of the Global Campaign to Demand Climate Justice
  • Elle Bartolome of Asian Peoples’ Movement on Debt and Development and Philippine Movement for Climate Justice, member of the Global Campaign to Demand Climate Justice

(CONTACT Esthappen S, Communications Coordinator, Global Campaign to Demand Climate Justice (Whatsapp: +91 9820918910, Email: [email protected])

Quotes

Lidy Nacpil, Asian Peoples’ Movement on Debt and Development Coordinator – Global Campaign to Demand Climate Justice: “We are counting bodies in the thousands. Homes and lives taken year after year by intensifying super typhoons which are getting worse with each year due to climate change impacts. Adaptation is not just a framework for us – it’s life or death. And we need Adaptation Finance in the trillions NOW!”

Pang Delgra, Global Campaign to Demand Climate Justice, Adaptation WG Co-Coordinator: 

“The Adaptation Gap stands at $310-365 billion/year, 12-14x current adaptation finance flows, and larger than the NCQG commitment. The state of affairs is bleak to say the least, and to be frank, is a slap in the face of my people back in the Philippines whose lives, livelihoods, and homes are being ravaged by the 21st typhoon of the year. We DEMAND Global North Parties to urgently scale up adaptation finance provision to the AF and other UNFCCC funds. And with the Glasgow Pact expiring this year, new replenishment targets for the Adaptation Fund must reflect the true scale of need, now already in the TRILLIONS for the Global South.” 

Gaby Sodre, Latin American Youth Climate Scholarship (LAYCS): “Gender-responsive adaptation financing at the global level should not only prioritize direct access mechanisms for locally-led, community-centered solutions via existing mechanisms, but countries, especially developed countries, according to Fair Shares, should make adequate and ambitious pledges followed by actual commitments of filling the existing funds.”
Julika Terpitz – YOUNGO Adaptation Working Group: “Where is the adaptation finance? Without public, need-based and grants-based finance, the UAE Framework for Global Climate Resilience will be an empty framework with no implementation in communities. We did not come to Belém to adopt GGA indicators to measure progress and then fail in all possible metrics. The Roadmap to achieve the UAE Framework by 2030 must be backed by a renewed adaptation finance commitment – one cannot succeed without the other.”