The allocation of adaptation funding
Providing additional finance for adaptation is a key element of the emerging international climate change framework.
This paper discusses how adaptation funding may be allocated among developing countries in a transparent, efficient and equitable way.
We propose an approach based on three criteria:
- The climate change impact experienced in a country,
- A country’s adaptive (or social) capacity;
- And, its implementation capacity.
Rough indicators are proposed for each of these three dimensions.
Physical impact and adaptive capacity together determine a country’s vulnerability to climate change. It seems both efficient and fair that countries which are more vulnerable should have a stronger claim on adaptation resources.
The third dimension, implementation capacity, introduces a measure of adaptation effectiveness. It makes sense to focus adaptation finance on countries with the capacity to use these resources efficiently.
Rhona Barr, Samuel Fankhauser and Kirk Hamilton