The multi-scalar inequities of climate adaptation finance

Purpose of Review Following a multi-scalar analytical approach, this critical literature review explores the factors that determine adaptation finance accessibility and allocation with particular attention to how the needs of climate-vulnerable communities are considered. Recent Findings Our review...

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Detalles Bibliográficos
Autores: Venner, Kayin|||0000-0003-0286-4884, García-Lamarca, Melissa|||0000-0002-4813-3633, Olazabal, Marta|||0000-0002-3381-0654
Tipo de recurso: artículo
Fecha de publicación:2024
País:España
Institución:Universitat Autònoma de Barcelona
Repositorio:Dipòsit Digital de Documents de la UAB
Idioma:inglés
OAI Identifier:oai:ddd.uab.cat:293009
Acceso en línea:https://ddd.uab.cat/record/293009
https://dx.doi.org/urn:doi:10.1007/s40641-024-00195-7
Access Level:acceso abierto
Palabra clave:SDG 13 - Climate Action
Descripción
Sumario:Purpose of Review Following a multi-scalar analytical approach, this critical literature review explores the factors that determine adaptation finance accessibility and allocation with particular attention to how the needs of climate-vulnerable communities are considered. Recent Findings Our review reveals that climate vulnerability is not a primary determinant in the accessibility and allocation of climate adaptation finance at inter-state, sub-national and local scales. Instead, factors such as institutional capacities and financial and political interests exert significant influence. This leads to maladaptation and multi-scalar inequities where climate finance favours relatively resilient groups across scales with less support for more vulnerable populations. Summary We argue that finance does not trickle down, but "ripples" within a climate finance arena - where we define the latter as a messy space of competition, negotiation and collaboration. To unlock equitable adaptation finance patterns, future research should focus on the multi-scalar configurations of adaptation finance beyond the international level and consider local and regional territorial and scalar politics.