How effective are climate funds?

In this video Hellen Dawo looks at how to increase funding for climate adaptation and opportunities to direct the money where it is needed most.

Governments find it difficult to mobilise climate finance. There are two reasons for this. The first reason is limited access to funds. Another reason is that there are many organisations that carry out activities related to climate adaptation and these companies sometimes do not work with governments.

Cooperation between governments, private sector, and the public make it possible to think out of the box and create new financial instruments. An example of such a cooperation is the Adaptation Fund.

There is a need for consensus on who is to contribute to the funds, how much should be contributed, what are the contributions used for, and in what form should the financial assistance be given.