Urging the developing countries to know their capacities in achieving the goals for adaptation and mitigation of climate change and emissions by

2018, a report cited lack of funds and resources as a major stumbling block in meeting the global goal on adaptation (GGA), a key component of the Paris Agreement.

 
As per a United Nations report
  1. The cost of adaptation in developing countries could range between $140 billion to $300 billion by 2030 and between $280 billion and $500 billion by 2050, depending on levels of mitigation ambition.
  2. Developed countries have failed to undertake the measures required to achieve the global temperature goals. The adaptation costs and needs of developing countries will continue to grow unless significant action is undertaken," said the report "Global Goal on Adaptation."
  3. The report released at the 22nd Conference of the Parties to the UN Framework Convention on Climate Change (COP22) by ActionAid, CARE International and WWF highlighted the need for urgent action on the GGA for increasing support to vulnerable countries, populations and ecosystems.
  4. While the developing countries are already making significant investments in adaptation, this can also divert resources away from other development priorities, the report said.
  5. With climate impacts rising and set to become more severe in the years ahead, this means that most developing countries cannot meet the growing adaptation needs without further support.
  6. The report recommended that by 2018, all developing countries should have available assessments of their existing capacity and projected gaps to develop adaptation strategies and meet adaptation needs, with clear requirement of international support to be provided.