Experts Discuss How Climate Finance Remains Heavily Skewed Towards Mitigation |Raisina Dialogue 2026
At the Raisina Dialogue 2026, Mohamed Nasheed, Former President; Secretary-General, Climate Vulnerable Forum & V20, Maldives and Shombi Sharp, Deputy Executive Secretary, United Nations Economic and Social Commission for Asia and the Pacific highlighted how climate finance remains heavily skewed toward mitigation, while vulnerable nations—especially small island states—urgently require adaptation funding to survive escalating climate impacts. Nasheed emphasized that countries contributing the least to global emissions are often the ones facing the most severe consequences, from destroyed infrastructure to rising debt after climate disasters. "We do not emit. We are not poisoning the atmosphere. But we are facing the brunt of the consequences," he said. Despite concerns about the future of multilateralism, both speakers highlighted that collective global cooperation, climate justice, and scaled-up public and private finance remain essential to balancing economic development with resilience. Watch them in conversation with Anna Tunkel, Chief Executive Officer, Sustainable Impact LLC, U.S.---
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