Poor communities in the developing world are hit hardest by the impacts of climate change, while they are least responsible for the problem and most vulnerable to climate impacts, such as severe floods, drought, and storms. At the climate change negotiations in Bali in December 2007, governments recognized that adaptation should be central to the negotiations. In the Bali Action Plan, adaptation is one of the four building blocks besides mitigation, finance, and technology transfer, and the Plan provides a mandate to negotiate on 'new and additional resources' and the use of 'innovative finance mechanisms' to address urgent and compelling climate adaptation needs.
Topic:
Climate Change, Energy Policy, Environment, Globalization, and Poverty