Climate adaptation funds
To be effective, climate finance must reach and be prioritised by the communities that need it most and be used to fund solutions that work on the ground. To achieve this, mechanisms need to be put in place to channel the money from national level to local communities in a way that is transparent, participatory and efficient. The institutional architecture of existing decentralised government structures provides a ready-made framework which offers good value for money and will be sustainable as finance flows increase in the future.
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Available at https://www.iied.org/17341iied