Financing National Adaptation Plans (NAPs): Options for Implementation

The report outlines a framework for financing the implementation of National Adaptation Plans (NAPs), focusing on three primary sources: domestic public budgets, international public funds, and private sector investment. It emphasizes the role of NAPs in articulating priorities to secure funding and highlights the necessity of integrating adaptation into national planning and budgeting cycles. Key discussions include the use of fiscal instruments to raise domestic revenue, the challenges of tracking adaptation finance, the process of developing 'bankable' project pipelines for international funds, and the public sector's role in creating an enabling environment for private investment.

• National Adaptation Plans (NAPs) serve as a strategic tool to both facilitate access to international climate finance and guide domestic investments by clearly articulating a country's priorities for climate-resilient development.
• Domestic financing for adaptation can be integrated into national budgeting through medium-term expenditure frameworks and annual sectoral budgets, with a specific need for funds to cover the additional costs of climate-proofing activities.
• Governments can utilize fiscal instruments to raise adaptation revenue or incentivize resilience; examples include earmarking carbon pricing revenues, reforming fossil fuel subsidies, and issuing green bonds, such as the USD 0.4 billion in municipal green bonds issued by Washington, D.C. for storm water tunnels.
• Tracking adaptation finance is essential for monitoring progress and effectiveness, though it is complicated by the difficulty of separating adaptation finance from 'business as usual' development finance. Kenya uses a legal mandate and the Rio markers for tracking, while the Philippines reported that 5% of its national budget consisted of climate change expenditures in 2015.
• Accessing international public funds requires moving from a programmatic NAP approach to a project-based pipeline. This involves prioritizing options through methods like multi-criteria analysis to balance national priorities with the specific criteria of international funds.
• Private sector investment in adaptation remains limited, and the public sector must create an enabling environment through clear regulations, investment incentives, and by 'making the business case' for adaptation to attract private capital.

APA

Price-Kelly, H. (2016). Financing National Adaptation Plans (NAPs): Options for Implementation. NAP Global Network. https://napglobalnetwork.org/wp-content/uploads/2016/05/TTF2-Report.pdf

Chicago

Price-Kelly, Hayley. Financing National Adaptation Plans (NAPs): Options for Implementation. NAP Global Network, 2016. https://napglobalnetwork.org/wp-content/uploads/2016/05/TTF2-Report.pdf.

Wikipedia

{{cite report |last1=Price-Kelly |first1=Hayley |title=Financing National Adaptation Plans (NAPs): Options for Implementation |publisher=NAP Global Network |date=2016 |url=https://napglobalnetwork.org/wp-content/uploads/2016/05/TTF2-Report.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{pricekelly2016financing, author = {Price-Kelly, Hayley}, title = {{Financing National Adaptation Plans (NAPs): Options for Implementation}}, institution = {NAP Global Network}, year = {2016}, url = {https://napglobalnetwork.org/wp-content/uploads/2016/05/TTF2-Report.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }