Alignment: A key element of successful financing strategies for climate change adaptation
Summary
The document emphasizes that financing strategies for adaptation should not exist in isolation but should be aligned with other national financing strategies to ensure a coordinated approach to public and private finance. Such alignment facilitates better prioritization, consistent messaging to international partners, and the integration of climate risks into all national investments and public budgeting.
Key insights
- Financing strategies for adaptation are defined as a series of actions intended to secure funding for adaptation priorities from both public and private sources, both nationally and internationally, rather than being merely static documents.
- Aligning adaptation financing with other strategies, such as those for biodiversity and the Sustainable Development Goals, provides several benefits: it improves government understanding of the costs and benefits of adaptation, ensures consistent messaging to international partners, expands the number of involved ministries, and prevents the strategy from being ignored by stakeholders outside the climate change ministry.
- The alignment of these strategies supports stronger resource mobilization, prioritization, and monitoring and evaluation. It encourages the integration of adaptation actions into national and subnational public budgeting and planning, with the ultimate goal of ensuring all investment considers climate change risks.
Cite the original document
- APA
- Murphy,, D. (2023). Alignment: A key element of successful financing strategies for climate change adaptation. International Institute for Sustainable Development. https://www.iisd.org/publications/brief/alignment-financing-strategies-climate-change-adaptation
- Chicago
- Murphy,, Deborah. Alignment: A key element of successful financing strategies for climate change adaptation. International Institute for Sustainable Development, 2023. https://www.iisd.org/publications/brief/alignment-financing-strategies-climate-change-adaptation.
- Wikipedia
- {{cite report |last1=Murphy, |first1=Deborah |title=Alignment: A key element of successful financing strategies for climate change adaptation |publisher=International Institute for Sustainable Development |date=31 August 2023 |url=https://www.iisd.org/publications/brief/alignment-financing-strategies-climate-change-adaptation |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{murphy2023alignment, author = {Murphy,, Deborah}, title = {{Alignment: A key element of successful financing strategies for climate change adaptation}}, institution = {International Institute for Sustainable Development}, year = {2023}, month = aug, url = {https://www.iisd.org/publications/brief/alignment-financing-strategies-climate-change-adaptation}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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