Financing Adaptation
Summary
The document examines the necessity of integrating climate adaptation with poverty reduction in developing countries. It analyzes the funding gap for adaptation, evaluates public finance mechanisms, and discusses the effectiveness of project-specific funding versus mainstreaming adaptation into development. The paper also uses a U.S. legislative case study to suggest that separating the generation, channeling, and spending of funds can foster innovation and political support.
Key insights
- Climate change impacts disproportionately affect the poor, necessitating that adaptation efforts be designed to support the poorest communities and that development assistance foster adaptation to remain successful.
- The field of climate adaptation finance is currently characterized by a surge of new funding proposals, yet critical uncertainties remain regarding the total cost of adaptation, the predictability of fund flows, the methods for reaching those most in need, and the effectiveness of fund usage.
- The paper suggests that innovation and political support for adaptation initiatives can be increased by de-linking the three distinct phases of adaptation finance: generation, channeling, and spending.
Cite the original document
- APA
- World Resources Institute (2009). Financing Adaptation. https://www.wri.org/financing-adaptation
- Chicago
- World Resources Institute. Financing Adaptation. 2009. https://www.wri.org/financing-adaptation.
- Wikipedia
- {{cite report |author=World Resources Institute |title=Financing Adaptation |date=2009 |url=https://www.wri.org/financing-adaptation |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldresourcesinstitute2009financing, author = {{World Resources Institute}}, title = {{Financing Adaptation}}, institution = {World Resources Institute}, year = {2009}, url = {https://www.wri.org/financing-adaptation}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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