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The allocation of adaptation funding

Barr, Rhona F., Fankhauser, Samuel 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)
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
Sets: Research centres and groups > Grantham Research Institute on Climate Change and the Environment
Collections > Economists Online
Date Deposited: 06 Dec 2010 11:10
Last Modified: 20 Feb 2019 03:26
URI: http://eprints.lse.ac.uk/id/eprint/30161

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