Mr. Ryan articulated a significant challenge ahead: "There's a real challenge here. Getting agreement is going to be very difficult." This statement emphasizes the complexity of negotiating climate adaptation funding, especially in addressing the stark contrast between developed and developing nations.
He also highlighted the changing economic landscape, stating, "A lot of focus will be on what the figure [for adaptation funding] will go to but also on whether there will be a broadening of the contributor base." His insights point to the need for reassessing who qualifies as a donor or recipient.
Mr. Ryan suggested a comprehensive strategy for funding, stating, "There needs to be a mosaic of funding - public, private, philanthropic. If you just focus on that core public funding, that's not going to deliver the scale of finance we need." This indicates the importance of diversifying funding sources for climate adaptation.
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