UNEP FI Policy Brief Addresses Information Gaps Hindering Climate Adaptation Finance
The United Nations Environment Programme Finance Initiative (UNEP FI) has released a policy brief titled 'Lost in Translation: Unlocking adaptation finance through better information flows.' The brief highlights that while private capital is available for climate investment, it is not adequately reaching climate adaptation efforts. Developing countries are projected to need between US$310–365 billion annually for adaptation by 2035, yet international public adaptation finance in 2023 was only US$26 billion. Private sources currently account for a mere 3–8% of reported adaptation finance. The core issue identified is informational: financial institutions struggle to translate national adaptation priorities into viable financial propositions that can be assessed, priced, and defended. The policy brief, developed with input from the Community of Practice on Impact Measurement and Information Flows, identifies four critical types of information that can make adaptation financeable: physical climate risk data, ...
