As developing countries increasingly transition from planning to implementation of their National Adaptation Plan (NAP) processes and nationally determined contributions (NDCs), a growing number have prepared or plan to prepare financing strategies for adaptation. These strategies typically set out a nationally coordinated approach to identifying and securing financing for initiatives that advance the country's adaptation priorities. While interest in the preparation of financing strategies for adaptation is growing, there remains uncertainty regarding how these strategies are being developed, the degree of engagement by key actors in their creation (such as multilateral development banks), and their impact on scaling up financing for adaptation. The report provides insights on these issues.
[2]