Helsinki, 30 June 2022. A new finance mechanism to strengthen weather and climate observations, improve early warnings to save lives, protect livelihoods and underpin climate adaptation for long-term resilience has opened its doors for business.
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Over the last two days, more than 30 global leaders joined the Climate Adaptation Summit calling for urgent action to drive a decisive shift towards climate resilient development. The climate crisis threatens to push 130 million people into extreme poverty by 2030 while the world is confronted with the COVID-19 crisis. To reach adaptation action at scale, it will need to be at the heart of the COVID-19 recovery.
An unusually early and intense heatwave has set new temperature records in Europe, posing a major threat to people's health, agriculture and the environment. Initial reports indicated that heat-health early warnings successfully limited the death toll.
The year 2019 has started where 2018 left off – with extreme weather causing disruption, damage and loss of life. The high impact of these events – some of which are consistent from what we expect as a result of climate change - underline why extreme weather, climate change and environmental risks dominated the World Economic Forum’s annual Global Risks Perception Survey.