Project Philippines: The Adaptation Finance Accountability Initiative
Adaptation finance represents a significant and growing share of the total international funding flows to the Philippines. From 2009 to 2011 more than PhP 10 billion in climate adaptation tagged funding was committed for delivery to the Philippines from different international sources. But how much has been disbursed, to which sectors, using what modalities, and through which institutions? Is it reaching the local level to help the most vulnerable men and women adapt to climate change? This report takes stock of climate change adaptation finance committed to the Philippines from public sources of international finance from 2009 to 2012.