I’m a bit surprised that you didn’t discuss international climate finance in the neglectedness section. The OECD estimates that 21% of ~$79 billion of annual climate financing for developing countries goes to adaptation.
Good point! That’s definitely an oversight. I can’t find any more specifics about the adaptation financing, except the sector breakdown in Figure 1.9: half of it went to water/sanitation and agriculture/forestry/fishing. I’ll try to dig into their data sources to see what concrete programs they are going to, and whether those are impactful.
As a civil servant from a developing country, I can say that those estimates mean almost nothing. I don’t think they are well invested, and they are tiny in comparison to adaptation gaps I think there’s a huge problem of prioritization when it comes to adaptation investment—because developing countries seldom link infrastructure resilience to adaptation policies
I’m a bit surprised that you didn’t discuss international climate finance in the neglectedness section. The OECD estimates that 21% of ~$79 billion of annual climate financing for developing countries goes to adaptation.
Good point! That’s definitely an oversight. I can’t find any more specifics about the adaptation financing, except the sector breakdown in Figure 1.9: half of it went to water/sanitation and agriculture/forestry/fishing. I’ll try to dig into their data sources to see what concrete programs they are going to, and whether those are impactful.
As a civil servant from a developing country, I can say that those estimates mean almost nothing. I don’t think they are well invested, and they are tiny in comparison to adaptation gaps
I think there’s a huge problem of prioritization when it comes to adaptation investment—because developing countries seldom link infrastructure resilience to adaptation policies