13min chapter

VoxDev Development Economics cover image

S5 Ep1: Development Dialogues: Financing climate adaptation

VoxDev Development Economics

CHAPTER

Financing Climate Adaptation in Low-Income Countries

This chapter examines the challenges of securing funding for climate adaptation in lower-income nations, emphasizing the need for equitable resource allocation from wealthier countries. It critiques the reliance on loans over grants and calls for greater understanding of effective fund use, while highlighting the relationship between income disparities and adaptive capacity. Additionally, the chapter discusses innovative financial solutions and the importance of evidence-based policy decisions for enhancing resilience to climate impacts.

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