Over the last decades, losses due to natural disasters including those from events related to extreme weather have strongly increased . There is a need for better assessment of global adaptation costs, funding and investment . Potential synergies between international finance for disaster risk management  and adaptation have not yet been fully realised. Research has almost exclusively focused on normalising losses for changes in exposure, but not for vulnerability, which is a major gap, given the dynamic nature of vulnerability .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report