Adaptation Finance: Setting the Ground for Post-Paris Action

Chiara Trabacchi and Barbara K. Buchner

Chapter 3 in Climate Finance:Theory and Practice, 2017, pp 35-54 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Adaptation finance has been recognized as a pivotal element of the international response to climate change in light of the climate vulnerability of natural and human systems to climate-related risks in an increasingly warm world. At present, however, relevant data on adaptation financing are not systematically and consistently collected across investors, and there is not yet an internally agreed methodology for comprehensive and consistent measurement. The resulting information gap on adaptation finance flows is an impediment to accountability and the provision of quantitative-based evidence supporting adaptation policy and investment decision-making.This study sought to provide an updated picture on how much, how, where, and from whom finance is flowing toward climate-resilient actions with the overarching aim of providing a pre-Paris Agreement baseline against which measuring progress and on which building to further improve tracking systems. Drowning from a variety of primary and secondary sources, the study finds that in 2013/2014 public institutions invested US$25 billion, on average, for adaptation actions. The study highlights that this estimate remains uncertain and partial due to lack of harmonized accounting methods and data gaps, particularly on private investment. The study points to improvement in current tracking systems and highlights opportunities for scaling up adaptation finance given that more efforts would be needed to enable societies and economies to adapt to the impacts of climate change.

Keywords: Climate Finance; Adaptation; Mitigation; Green Climate Fund; International Environmental Agreements; International Transfers; Economics (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789814641814_0003 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789814641814_0003 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789814641814_0003

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().