Tracking and Reporting Finance for Locally Led Adaptation to Climate Change
As national governments invest in building resilience to climate impacts, many are recognizing the importance of locally led adaptation.
More Info
This paper by the World Resources Institute provides metrics governments can use to track how much finance reaches the local level for adaptation, as well as whether that finance supports local agency in adaptation decisions. It draws from the adaptation finance tracking and reporting methods of Colombia, Germany, Jamaica, Kenya, Mali, Mozambique, Nepal, the Philippines and Uganda, as well as from literature review and expert consultations. Recommended options for governments to adapt to their own country contexts and climate finance objectives fit into three categories:
- Budget tagging
- Expenditure review
- Existing planning or policy processes
Tracking and reporting quantity and quality of finance for locally led adaptation (LLA) is important for ensuring adequate and sound investments, and ultimately for finance to reach and meet the needs of those most directly affected by climate change. Tracking and reporting also supports transparency, accountability and resource mobilization. However, neither quantity nor quality of finance for LLA is systematically tracked or reported. Barriers such as complexity of measuring and tracking finance, lack of data and other resource limitations mean that most governments cannot assess whether domestic or international finance supports LLA.
Report is authored by Tamara Coger (WRI), Ayesha Dinshaw (WRI India), Nisha Krishnan (Global Commission on Adaptation), Mitchell Cook (WRI), Anna Brown (WRI), Eric Chu (WRI) and Emma Illick-Frank (WRI).
