Notes with deep regret that the goal of developed countries party to mobilize jointly 100 billion United States dollars per year by 2020 in the context of meaningful mitigation actions and transparency on implementation has not yet been met, while welcoming the increased pledges made by many developed countries party and the “Climate finance delivery plan: meeting the US$100 billion goal” and the collective actions contained therein, urges developed countries party to fully deliver on the goal of 100 billion United States dollars urgently and through 2025, and emphasizes the importance of transparency in the implementation of their pledges, recalls the decisions to set a new collective quantified climate finance goal from a floor of 100 billion United States dollars per year and by 2024, and welcomes the establishment of an ad hoc work programme for this purpose, notes with concern that the current provision of climate finance for adaptation remains insufficient to respond to worsening climate change impacts in developing countries party, welcomes the recent pledges made by many developed countries party to increase their provision of climate finance to support adaptation in developing countries party in response to their growing needs, including contributions made to the Adaptation Fund and the Least Developed Countries Fund, which represent significant progress compared with previous efforts, and urges developed countries party to at least double their collective provision of climate finance for adaptation to developing countries party from 2019 levels by 2025, in the context of achieving a balance between mitigation and adaptation in the provision of scaled-up financial resources, and emphasizes the urgency of scaling up action and support, including finance, capacity-building and technology transfer, to enhance adaptive capacity, strengthen resilience and reduce vulnerability to climate change in line with the best available science, taking into account the priorities and needs of developing countries party;