Scaling up Adaptation Finance in Developing Countries
This report analyses current trends of adaptation finance provided and mobilised by developed countries for developing countries. It explores potential action areas for international providers to scale up funding for climate change adaptation, including by unlocking the potential of the private sect...
| Formato: | Libro electrónico |
|---|---|
| Idioma: | Inglés |
| Publicado: |
Paris :
Organization for Economic Cooperation & Development
2023.
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| Edición: | 1st ed |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009786726406719 |
Tabla de Contenidos:
- Intro
- Foreword
- Acknowledgments
- Abbreviations and acronyms
- Executive summary
- 1 Framing of adaptation finance
- 1.1. Understanding adaptation to climate change
- 1.1.1. Links between adaptation, resilience and development
- 1.1.2. Range of adaptation finance sources
- 1.1.3. Defining, identifying and tracking finance for adaptation
- 1.2. Understanding the diverse array of sources of finance for adaptation
- 1.2.1. Sources of adaptation finance for projects with no or below market rate returns
- 1.2.2. Sources of adaptation finance for projects with some expected return on investment
- 1.2.3. Sources of adaptation finance for projects with an expected market rate of return
- 1.3. Adaptation needs and finance flows in developing countries
- 1.3.1. Esimated investment needs for adaptation in developing countries
- 1.3.2. Measuring flows of climate finance for adaptation
- 1.4. Enhancing the accessibility, efficiency, and effectiveness of international public finance for adaptation
- References
- Notes
- 2 Trends of climate finance for adaptation in developing countries
- 2.1. Overview of international public climate finance for adaptation provided over 2016-2021
- 2.1.1. Most climate finance provided by most providers focused on mitigation rather than adaptation
- 2.1.2. Climate finance for adaptation is concentrated in three sectors and mainly provided through loans
- 2.1.3. Middle-income countries received the most international public climate finance for adaptation
- 2.2. Private climate finance for adaptation mobilised by public finance interventions
- 2.3. Delivery and implementation of adaptation-related public development finance
- References
- Notes
- 3 Challenges in financing adaptation in developing countries
- 3.1. Economic and financial barriers
- 3.2. Technical and knowledge-based barriers.
- 3.3. Institutional and governance barriers
- References
- Notes
- 4 Action areas for scaling up current finance sources and unlocking additional finance for adaptation
- 4.1. Action area 1: Assess the consistency of forward spending plans with the call to collectively double climate finance for adaptation by 2025, including in co-ordination with other international providers
- 4.2. Action area 2: Support developing countries' efforts to strengthen their capacities, policies, and enabling environment for finance for adaptation
- 4.2.1. Support the development of institutional capacity, policies and markets
- 4.2.2. Enhance the role of local governments and communities in delivering and implementing adaptation action
- 4.2.3. Support developing countries to prepare adaptation project pipelines.
- 4.2.4. Facilitate private sector capacity to seek and access finance for adaptation-relevant investments
- 4.3. Strengthen development practices and systems to ensure efficient delivery of adaptation finance
- 4.3.1. Set internal quantitative targets for adaptation finance
- 4.1.1. Consider windows or minimum levels of funding for the most vulnerable countries
- 4.3.2. Move from project-based adaptation to programmatic approaches
- 4.3.3. Increase the use of policy-based climate finance for adaptation
- 4.3.4. Seek to streamline and improve the interoperability of processes for accessing climate finance for adaptation
- 4.4. Deploy public and blended finance instruments strategically to mobilise private finance for adaptation
- 4.4.1. Integrate private finance mobilisation objectives into relevant adaptation transactions, projects and programmes
- 4.4.2. Tailor the use of public and blended finance instruments to unlock private finance that corresponds to the needs and characteristics of adaptation activities.
- 4.4.3. Undertake regular assessments of needs for concessional finance
- 4.4.4. Use blended finance as a tool to encourage mainstreaming adaptation into projects
- 4.4.5. Develop strengthened practices to measure, understand and maximise the adaptation impact of mobilised finance
- 4.5. Explore and tap into alternative financing sources and mobilisation instruments for adaptation
- 4.5.1. Clarify and exploit the role of Special Drawing Rights in financing adaptation
- 4.5.2. Build on international carbon markets to provide financing for adaptation in developing countries
- 4.5.3. Embed adaptation and resilience considerations in emerging sustainable finance definitions, instruments and products
- 4.5.4. Consider the relevance of debt-for-adaptation swaps
- References
- Notes
- 5 Ways forward: Assessing the timescale and impact of actions to scale up adaptation finance
- 5.1. Assess forward spending plans for alignment with the goal of double climate finance for adaptation by 2025 and increase co-ordination of these efforts
- 5.1.1. Impacts
- 5.2. Support developing countries' efforts to strengthen their capacities, policies, and enabling environment for finance for adaptation
- 5.2.1. Impacts
- 5.3. Strengthen development practices and systems to support efficient delivery of adaptation finance
- 5.3.1. Impacts
- 5.4. Deploy public and blended finance instruments strategically to mobilise private finance for adaptation
- 5.4.1. Impacts
- 5.5. Explore and tap into alternative financing sources and mobilisation instruments for adaptation
- 5.5.1. Impacts
- References
- Annex A. Case studies
- Case study 1: Systematic Observations Financing Facility (SOFF)
- Development (and public sector) partners
- Private sector partners
- Challenge and solution
- Case study 2: Asia-Pacific Climate Finance Fund (ACliFF).
- Development finance (and public sector) partners
- Private sector partners
- Challenge and solution
- Case Study 3: Lightsmith group: Adaptation SME Accelerator Project
- Development finance (and public sector) partners
- Private sector partners
- Challenge and solution
- Case Study 4: Climate Investor 2
- Development (and public sector) partners
- Private sector partners
- Challenge and solution
- Case Study 5: EBRD 'climate resilience bond'
- Development finance (and public sector) partners
- Private sector partners
- Challenge and solution
- Case Study 6: Development Bank of Japan business continuity management (BCM) Rated Loan Program
- Development (and public sector) partners
- Private sector partners
- Challenge and solution
- References
- Notes
- Annex B. Country groupings
- Developed and developing countries.
