Read in: French
Two older women from Nepal sit on a step in the sun

Webinar on Informing National Governments’ Efforts to Scale Up Finance for Adaptation: Where to next?

The substantial gap between the amount of financing required by developing countries to meet their climate change adaptation needs and current levels of investment must be closed if we are to achieve a climate-resilient recovery.

May 26, 2021 9:00 am - 10:15 am EDT

(Open to public)

As the global community increasingly experiences the impacts of climate change, the need to scale up financing for adaptation becomes even more important. Efforts to scale up finance for adaptation, though, must be undertaken in a strategic manner. They should ensure that limited public sector finance is used in a targeted way to deliver country-defined adaptation priorities and, where possible, crowd-in private sector finance. 

This webinar elaborates on the adaptation finance gap in developing countries, identifies the knowledge gaps that impede the capacity of developing countries to scale up financing for adaptation, and discusses ways in which these knowledge gaps might be overcome.

Examples is also shared of the different approaches developing countries are taking to diversify their finance for adaptation and align investments with their national adaptation priorities.

Scaling up finance for adaptation requires overcoming several barriers, including a need to increase knowledge within developing countries on issues such as: 

  • the benefits of integrating climate adaptation needs in investment decisions, 
  • the feasibility of using innovative financing mechanisms to expand finance for adaptation, and
  • how public finance can be used strategically to leverage financing for adaptation from national and international sources, including multilateral development banks and the private sector.

These issues are explored though this virtual discussion, hosted by the International Institute for Sustainable Development (IISD) in partnership with the International Development Research Centre (IDRC).