Climate adaptation requires 9.8 billion USD - National Plan with 66 priority measures, financial gap 9.1 billion USD
The Ministry of Environment has released for public consultation the National Climate Change Adaptation Plan 2026–2036, a long-term strategic document that aims to increase the country's resilience to climate risks and orient public and private investments towards adaptation. The accompanying document of the plan shows for the first time the full assessment of the costs and financial gaps required for the implementation of 66 priority measures in seven sectors of the economy.
According to the assessment, the implementation of the planned measures requires a total budget of about 9.8 billion USD, until 2036. The highest investments are concentrated in urban development, forests, transport and energy, sectors that face the highest risks from floods, droughts, land degradation and the impacts of extreme weather phenomena. Urban development measures alone are estimated at over 2.7 billion USD, while the forest sector requires about 2.1 billion USD, reflecting the extent of degradation and the costs of ecological restoration.
On the other hand, financing needs significantly exceed the resources currently mobilized. The document estimates a financing gap of about 9.1 billion dollars, underlining that existing funds from the state budget and international partners cover only a small part of the necessary investments. Currently, secured financing amounts to about 300 million USD from medium-term budget programs and about 400 million USD from international sources and private investments, far from the level required to implement all measures.
Despite the high costs, the document argues that the cost of inaction would be several times higher for the economy, reaching up to 7% of GDP. The plan emphasizes that investments in adaptation will reduce economic damage from natural disasters, improve the safety of communities, and increase the resilience of ecosystems and infrastructure.
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