According to the UN Environment Programme's latest Adaptation Gap Report, developing countries are receiving less than 10% of the funding necessary for climate adaptation, with only $26 billion allocated in 2023. By 2035, these nations will require over $310 billion annually to effectively respond to climate change impacts. UN Secretary-General António Guterres stressed that closing this adaptation gap is crucial for protecting lives and achieving climate justice. The report highlights that while progress is being made, such as the establishment of national adaptation plans, significant challenges remain. The upcoming COP30 conference in Brazil will focus on increasing climate finance, with a goal of raising $1.3 trillion by 2035. However, experts warn that funding should be in the form of grants rather than loans to avoid exacerbating debt burdens on vulnerable nations. The urgency of the situation is underscored by the World Health Organization's findings that climate inaction is costing millions of lives each year.