Philippine Climate Adaptation Funding

What the Philippines has been able to access for climate adaptation funding

The Funding

The Philippines climate adaptation funding situation: the country that bears one of the highest climate change vulnerability burdens globally has been accessing the specific multilateral climate funds -- the Green Climate Fund, the Adaptation Fund, and the specific ADB climate financing -- at a rate that the vulnerability profile justifies and that the institutional capacity to prepare and implement projects constrains.

The Gap

The gap between the adaptation funding need and the adaptation funding accessed is the accountability journalism of the climate finance architecture. The Philippines is eligible for the adaptation funding that the international climate commitments provide. The specific project preparation capacity and the specific institutional absorption capacity limit the funding that is actually deployed.

Manila News Coverage

Manila News PH covers climate adaptation funding because the accountability journalism of the Philippine climate situation requires examining whether the international climate finance architecture is delivering the adaptation resources that the specific vulnerability the Philippines faces requires.

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