India labels heatwaves as disasters, highlighting global adaptation finance shortfall ahead of COP31
India has officially classified heatwaves as natural disasters, a move that underscores the reliance of vulnerable nations on domestic funds for climate adaptation as the COP31 talks approach.
India's recent decision to treat heatwaves as natural disasters comes as the country prepares for COP31 in Antalya, Turkiye, and highlights a stark financing gap for climate adaptation. The government estimates that it will need ₹56.68 trillion for adaptation measures through 2030, with 98% of that amount currently coming from domestic sources. NDMA member Krishna S Vatsa warned that without steady international support, accessing funds for cooling technologies and nationwide heat-action plans remains difficult.
UNEP's Benjamin Hickman noted the need for pilot financing schemes and stronger institutional capacity to channel climate money to the most vulnerable. Sanjay Vashist of CANSA reiterated that developed nations should shoulder greater responsibility under the CBDR-RC principle, citing a projected need of about $120 billion annually for adaptation by 2035. The upcoming COP31 is expected to address these financing challenges for developing countries.
Why it matters
The story shows how developing nations must fund climate survival largely on their own, stressing the urgency of global adaptation finance.
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