The need for greater adaptation finance is clear, but the political will to come forward with the necessary funding is less evident. An important commitment to double adaptation finance expires at the end of 2025. Many Parties are seeking to productively support the scaling of critical financial resources for adaptation. Some have called for a renewed target for adaptation finance to be agreed at COP30, but there are other options that could be explored to center adaptation finance and avoid reopening previous agreements.

Questions for consideration

• Would the advantages of a new adaptation finance goal outweigh its drawbacks?
• How can a focus on means of implementation in the GGA negotiations be channeled most effectively to increase the provision of adaptation finance?
• Should Parties decide to move forward with a new adaptation finance goal, where could those discussions be most usefully pursued?