Climate adaptation funding and projects The promise and the paradox Each year, governments and development partners announce billions for “resilience,” “adaptation,” and “green recovery.” Ideally, these funds should flow directly to river dikes, drains, elevated roads, early-warning sirens, cyclone shelters, mangrove belts, drought-resilient wells, and climate-proofed schools. In reality, significant funds are lost due to paperwork, padded contracts, or unfinished projects that fail during floods. The paradox: as climate hazards intensify, the integrity of public spending becomes even more crucial (IPCC, 2023). This chapter provides a roadmap for understanding and improving climate finance. It maps the ecosystem in developing countries, illustrates funding sources, and then pinpoints where integrity typically breaks down. The chapter equips readers with a citizen’s 'money trail' checklist, progressively tracing how funds are intended to flow and where they get stuck or diver...
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