Social Innovation for the Sustainability

ARTICLE

The adaptation fund as an instrument of access to climate finance for local communities

Alicia Tortosa García

The Intergovernmental Group of Experts on Climate Change (IPCC) has shown that efforts towards mitigation are insufficient to stop this phenomenon. This occurs because experts have shown that many of its effects are already irreversible for many populations, so adaptation has become an essential action in strategies designed to face climate change. However, since adaptation is highly dependent on the context where it happens, its effectiveness will depend on the incorporation of local communities in adaptation processes. The Adaptation Fund, one of the financial instruments of the United Nations Framework Convention on Climate Change (UNFCCC), contains a series of characteristics that a priori indicate that they facilitate access to climate finance for communities. Thus, this article will analyze how these characteristics benefit or not the greater channeling of climate finance to local communities through local organizations and National Implementing Entities (NIEs). To demonstrate the above, a case study will be briefly shown.

Specifications

  • Number: 5
  • Year: 2021
  • DOI: 10.36852/2695-4427_2021_05.05