Description
19% of tracked adaptation finance in the Landscape in 2017-18 flowed from international government sources (USD 1.2 billion annually). In East Africa and Sub-Saharan regional flows, the share of flows targeting adaptation as a principal objective was greater than those targeting mitigation as a principal objective. ODA is a critical component of adaptation finance in Africa to de-risk adaptation activities, build capacity and a pipeline of projects, and support more commercial finance. The bilateral agencies have a relatively high risk appetite and strong climate mandates.