Accessing Climate Change Adaptation Funds for Asia and the Pacific
Asia and the Pacific Islands are highly vulnerable to the impacts of climate change and climate variability, in part due to the existence of large cities located in coastal areas and river basins. This factsheet explains regional climate threats and how USAID’s Adapt Asia-Pacific program is helping countries build resilience to them.
The region is experiencing more frequent and intense storms, flooding and droughts, impacts that are hurting key economic sectors. The United Nations Framework Convention on Climate Change has established funds to help developing countries adapt to climate change and mitigate greenhouse gas (GHG) emissions, with a goal of mobilizing $100 billion each year from public and private sources. But many countries lack the capacity to prepare high quality adaptation project proposals to access these funds.
Adapt Asia-Pacific is helping them do this, by sharing information and best practices about climate fund requirements and building their capacity. Thirteen Asian countries and 14 Pacific Island nations are eligible to participate in the program.
In addition to helping countries secure financing for adaptation programs, it also aims to more broadly help these nations carry them out, in part by supporting specific projects. Programs are driven by stakeholders to ensure country ownership and sustainability. The factsheet lists other program aims and its bilateral and multi-lateral partners.
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