International Finance for Climate Change Adaptation in Response to the Needs of Developing Countries

Tomáš Hos, Sylviane Jeanneney and Clara Pugnet
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Tomáš Hos: OCDE / OECD - Organisation de Coopération et de Développement Economiques = Organisation for Economic Co-operation and Development
Sylviane Jeanneney: FERDI - Fondation pour les Etudes et Recherches sur le Développement International, UCA - Université Clermont Auvergne
Clara Pugnet: FERDI - Fondation pour les Etudes et Recherches sur le Développement International

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Abstract: The considerable inequality in the creation of the carbon stock, as well as in current emissions, has led to recognition of the responsibility of industrialized countries for the negative externalities of climate change. We answer to two questions: What has been the amount of international climate finance allocated to climate change adaptation in recent years? Do resources for adaptation go to the countries that need it most, and those that are poor and vulnerable to the impacts of climate change? Are the instruments used - grants, concessional and non-concessional loans - compatible with the intended objectives? The main conclusion is that per capita resources allocated are modest in vulnerable countries, with the exception of SIDS. The descriptive analysis conducted here raises questions about the effectiveness of finance for adaptation.

Keywords: International finance; Climate Change; Climate Change adaptation; Developing Countries (search for similar items in EconPapers)
Date: 2026-06-22
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