Barr, Rhona F., Fankhauser, Samuel ORCID: 0000-0003-2100-7888 and Hamilton, Kirk (2010) The allocation of adaptation funding. . Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, London, UK.
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Abstract
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.
Item Type: | Monograph (Working Paper) |
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Official URL: | http://www2.lse.ac.uk/GranthamInstitute/Home.aspx |
Additional Information: | © 2010 the authors |
Divisions: | Grantham Research Institute |
Subjects: | G Geography. Anthropology. Recreation > GE Environmental Sciences H Social Sciences > HB Economic Theory |
Date Deposited: | 06 Dec 2010 11:10 |
Last Modified: | 11 Dec 2024 19:00 |
URI: | http://eprints.lse.ac.uk/id/eprint/30161 |
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