Principles for delivering adaptation finance
There is consensus that funding for climate change adaptation must reach significant scales to match the needs of developing countries (costs are estimated to be between US$28bn-US$67bn per year by 2030). The upcoming negotiations on a new post-2012 climate change agreement provide an opportunity, not only to extend the scope and timeframe of emission-reduction targets, but also to address the urgent adaptation needs of those most at risk from climate change. Negotiators must agree how to raise additional international finance for adaptation, but also must decide on appropriate principles and mechanisms for delivering and spending the money that can command widespread support.
This briefing by IDS and IIED proposes a set of principles for delivering climate change adaptation finance that provide a way of assessing the efficacy of different international and national delivery mechanisms.
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