Finance for local level adaptation

The text emphasizes the urgent need to scale out community-based adaptation (CBA) through increased finance, noting that mitigation currently dominates climate funding. It highlights successful local initiatives in Colombia, Ethiopia, Uganda, Mozambique, and Vietnam, while praising Nepal's target of directing 80% of climate finance to the local level via its Local Adaptation Plans of Action (LAPA) programme.

• The current global climate finance landscape is heavily skewed toward mitigation; in 2012, mitigation financing accounted for 94% of US$ 360 billion.
• A significant majority of climate finance is domestic, with 75% of funds originating in the same country where they are spent.
• Community-based adaptation (CBA) leverages local resources and indigenous knowledge to create resilience, as seen in Cartagena's 'Adaptive Neighbourhoods' against flooding, climate-resilient housing in Da Nang, and the reprogramming of district budgets in Ethiopia, Uganda, and Mozambique.
• Nepal is identified as a global leader in localizing finance through its Local Adaptation Plans of Action (LAPA) programme and a target to direct 80% of climate finance to the local level.

APA

Bickersteth, S. (n.d.). Finance for local level adaptation. Climate and Development Knowledge Network. https://cdkn.org/story/opinion-time-for-climate-finance-to-scale-up-quickly

Chicago

Bickersteth, Sam. Finance for local level adaptation. Climate and Development Knowledge Network, n.d. https://cdkn.org/story/opinion-time-for-climate-finance-to-scale-up-quickly.

Wikipedia

{{cite press release |last1=Bickersteth |first1=Sam |title=Finance for local level adaptation |publisher=Climate and Development Knowledge Network |url=https://cdkn.org/story/opinion-time-for-climate-finance-to-scale-up-quickly |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{bickerstethndfinance, author = {Bickersteth, Sam}, title = {{Finance for local level adaptation}}, publisher = {Climate and Development Knowledge Network}, url = {https://cdkn.org/story/opinion-time-for-climate-finance-to-scale-up-quickly}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }