As financing for climate change adaptation in developing countries begins to flow, it is essential that the governance of funding at the global and country level be shaped so that the needs of the most vulnerable can be met. The core issue is country-level ownership of adaptation finance. Providers of adaptation finance must put developing countries in the driver’s seat, while the countries themselves must exercise leadership and respond to the needs of those most affected by climate change. Most importantly, civil society and vulnerable communities must be able to steer and hold accountable the way in which adaptation finance is used.