Year published: 2020
Written by Tilly Alcayna

Wealthy countries have failed to allocate sufficient climate finance to nations most vulnerable to climate change. The funds delivered, which are already lower than promised, are instead directed to tackling climate chaos in less climate vulnerable countries that are more stable, according to new research from Zurich Flood Resilience Alliance partners Mercy Corps and Concern Worldwide. This report deals with the financing of two existing measures – climate change adaptation (CCA) and disaster risk reduction (DRR) – to better manage and reduce the risk of climate-related disasters and enable people to cope with multiple shocks and stresses.