Is the money allocated for climate adaptation enough?

In this video Hellen Dawo examines mechanisms for distribution of climate finance in place until now.

A concrete example of the island Majuro is used to explain those mechanisms.

In 2009 during a United Nations summit in Copenhagen, wealthier nations went against a proposal to directly compensate poorer nations for the effects of climate change. Instead, they pledged to contribute $100 billion annually to help these nations manage the effects of climate change. Is this in line with the ‘polluter pays principle’?

The implementation of climate finance justice is difficult because it involves voluntary assignment of responsibility, usually to wealthier nations, and collective distribution of funds offered to poorer nations using set guidelines.