Climate Change Adaptation Investment Plans Frequently asked questions
Summary
The document defines a climate change adaptation investment plan (CCAIP) as a detailed set of investment-ready priority activities linked to specific financial sources. It outlines a structured process for developing these plans—including risk assessment, bundling activities into 'packages', and economic appraisal—to bridge the global adaptation finance gap. The briefing distinguishes CCAIPs from broader NAP financing strategies by their narrower scope, higher granularity, and focus on immediate implementation. It identifies key enabling factors such as political leadership (particularly from ministries of finance), institutional arrangements, and the integration of gender equality and social inclusion (GESI). The text also details various domestic and international funding sources and financial instruments, such as green bonds, blended finance, and debt-for-climate swaps, to support these investments.
Key insights
- A climate change adaptation investment plan (CCAIP) is defined as a "detailed set of concrete, investment-ready priority adaptation activities linked to available financial sources and instruments to support their implementation."
- The global adaptation finance gap is estimated to be between USD 194 billion and USD 366 billion, a figure that exceeds the New Collective Quantified Goal on Climate Finance target of USD 300 billion annually by 2035, even if 50% of that total is allocated to adaptation.
- Developing a CCAIP involves bundling adaptation activities into "investment packages" to facilitate resource mobilization. These packages are then appraised for economic and financial viability, often using the same criteria as general public investments, to help integrate them into national budgeting systems.
- Domestic resource mobilization for adaptation can be achieved through strengthening taxation on natural resources, implementing environmental tax reforms like carbon taxes, removing fossil fuel subsidies, enhancing public procurement efficiency, and developing domestic debt markets for project bonds.
- CCAIPs differ from National Adaptation Plan (NAP) financing strategies primarily in their purpose, scope, and leadership. While a NAP financing strategy is a high-level framework for overall needs usually led by environment or planning ministries, a CCAIP is a narrower, more granular, and time-bound plan for immediate investments typically led by the ministry of finance or economy.
- Effective CCAIP development requires six enabling factors: leadership (especially from ministries of finance), institutional arrangements (such as green taxonomies), engagement (including GESI-responsive processes), data and knowledge, skills and capacities, and technology transfer.
Cite the original document
- APA
- Hernández, M., & Ceinos, A. (2025). Climate Change Adaptation Investment Plans Frequently asked questions. NAP Global Network. https://napglobalnetwork.org/wp-content/uploads/2026/02/napgn-en-2025-ccaip-faq.pdf
- Chicago
- Hernández, Maribel, and Aurélie Ceinos. Climate Change Adaptation Investment Plans Frequently asked questions. NAP Global Network, 2025. https://napglobalnetwork.org/wp-content/uploads/2026/02/napgn-en-2025-ccaip-faq.pdf.
- Wikipedia
- {{cite report |last1=Hernández |first1=Maribel |last2=Ceinos |first2=Aurélie |title=Climate Change Adaptation Investment Plans Frequently asked questions |publisher=NAP Global Network |date=March 2025 |url=https://napglobalnetwork.org/wp-content/uploads/2026/02/napgn-en-2025-ccaip-faq.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{hernndez2025climate, author = {Hernández, Maribel and Ceinos, Aurélie}, title = {{Climate Change Adaptation Investment Plans Frequently asked questions}}, institution = {NAP Global Network}, year = {2025}, month = mar, url = {https://napglobalnetwork.org/wp-content/uploads/2026/02/napgn-en-2025-ccaip-faq.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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