A framework for mobilizing private finance and tracking the delivery of adaptation benefits

This paper presents a conceptual framework that allows users to assess a country’s practices for mobilizing private sector finance for adaptation. Over the last decade, there has been the growing expectation from the international community that the private sector will become an important source of finance for climate change adaptation in developing countries. However, this potential still remains unclear. While it is expected that some private actors will purposefully or unconsciously invest in reducing their own vulnerability, it is far less obvious how the public sector can mobilize private investments in adaptation that deliver benefits to the broader community.