Climate Change Adaptation Investment Plans: Frequently asked questions
Financing adaptation is challenging due to uncertainties associated with future climate risks, difficulties in measuring the return on investment of adaptation options, limited funding availability—which often forces adaptation to compete with other development priorities—and the lack of a coordinated, programmatic approach to accessing adaptation finance, with ad hoc, project-based approaches being the norm.
To bridge the global adaptation financing gap, it is crucial to access a diverse array of funding sources, including domestic, international, public and private sources and financing instruments. Climate change adaptation investment planning offers a structured approach to unlocking these financial resources and accelerating the transition toward implementing countries’ adaptation priorities.
Specifically, adaptation investment planning is a strategic and structured approach to mobilizing finance for adaptation, leading to the development of a climate change adaptation investment plan (CCAIP). In this article, we answer frequently asked questions about adaptation investment planning.
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- REPORT: Understanding Green Climate Fund Support for Adaptation Planning: An analysis of GCF readiness proposals on adaptation planning
- INTERACTIVE MICROSITE: Inventory of Innovative Financial Instruments for Climate Change Adaptation
- INFOGRAPHIC: Seven Guiding Principles for Preparing Financing Strategies for Climate Change Adaptation in Developing Countries
Publisher: International Institute for Sustainable Development (IISD)