disaster
World: Governments falling 90 percent short of climate adaptation finance needs, Oxfam warns ahead of Bonn climate talks
By Oxfam at ReliefWeb
· June 2, 2026
· 4 min read
. According to the Organization for Economic Cooperation and Development (OECD), as of 2024, governments mobilized $32 billion in public adaptation finance – around 90 percent short of the $310 billion to $365 billion projected needs for developing countries by 2035. To bridge this gap, rich countri
Key takeaway The total climate finance of $137 billion reached in 2024 is also just a fraction of what countries need to transition away from fossil fuels.
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Category: disaster ·
Published: June 2, 2026 ·
Source: ReliefWeb ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? . According to the Organization for Economic Cooperation and Development (OECD), as of 2024, governments mobilized $32 billion in public adaptation finance – around 90 percent short of the $310 billion to $365 billion projected needs for developing countries by 2035. To bridge this gap, rich countri
When was this published? This article was first published on June 2, 2026 by ReliefWeb and curated for Christgiving readers.
Who reported this story? This story was reported by Oxfam at ReliefWeb. To learn more about how Christgiving selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more disaster coverage from Christgiving, or browse our daily briefing and topic hubs .