Financial leaders call for adaptation resources.

• Author: Block, Ben
• Position: EYE ON EARTH

Leaders from the world's top development banks have acknowledged that significant research and funding gaps are preventing developing countries from adapting adequately to climate change.

Sustainable development initiatives often do not factor in climate change, and without greater resources as part of an international climate agreement, developing countries will not be able to finance climate change adaptation plans, said representatives of the World Bank, Asian Development Bank (ADB), and...