Equity and Efficiency in Adaptation Finance: Initial Experiences of the Adaptation Fund

The paper evaluates the Adaptation Fund's early project approvals, finding that while equity is the primary motivation, the use of uniform national caps rather than formalized vulnerability metrics may result in inequitable outcomes.

• The Adaptation Fund's allocation of resources is primarily motivated by equity concerns, though this is applied at the state level rather than addressing inequities between subnational communities.
• Despite the central importance of vulnerability to the Fund, it has not been formalized as the currency for determining equitable allocation; instead, the Fund uses uniform national caps, which the author suggests can be viewed as inequitable.
• To improve the project proposal process, the Adaptation Fund Board needs to increase transparency, further specify evaluation criteria, and compile best practices from approved proposals.

APA

Stockholm Environment Institute (2014). Equity and Efficiency in Adaptation Finance: Initial Experiences of the Adaptation Fund. https://www.sei.org/publications/equity-and-efficiency-in-adaptation-finance-initial-experiences-of-the-adaptation-fund/

Chicago

Stockholm Environment Institute. Equity and Efficiency in Adaptation Finance: Initial Experiences of the Adaptation Fund. 2014. https://www.sei.org/publications/equity-and-efficiency-in-adaptation-finance-initial-experiences-of-the-adaptation-fund/.

Wikipedia

{{cite report |author=Stockholm Environment Institute |title=Equity and Efficiency in Adaptation Finance: Initial Experiences of the Adaptation Fund |date=18 February 2014 |url=https://www.sei.org/publications/equity-and-efficiency-in-adaptation-finance-initial-experiences-of-the-adaptation-fund/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stockholmenvironmentinstitute2014equity, author = {{Stockholm Environment Institute}}, title = {{Equity and Efficiency in Adaptation Finance: Initial Experiences of the Adaptation Fund}}, institution = {Stockholm Environment Institute}, year = {2014}, month = feb, url = {https://www.sei.org/publications/equity-and-efficiency-in-adaptation-finance-initial-experiences-of-the-adaptation-fund/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }