Purpose of Review

Following a multi-scalar analytical approach, this critical literature review explores the factors that determine adaptation finance accessibility and allocation with particular attention to how the needs of climate-vulnerable communities are considered.

Recent Findings

Our review reveals that climate vulnerability is not a primary determinant in the accessibility and allocation of climate adaptation finance at inter-state, sub-national and local scales. Instead, factors such as institutional capacities and financial and political interests exert significant influence. This leads to maladaptation and multi-scalar inequities where climate finance favours relatively resilient groups across scales with less support for more vulnerable populations.

Summary

We argue that finance does not trickle down, but “ripples” within a climate finance arena – where we define the latter as a messy space of competition, negotiation and collaboration. To unlock equitable adaptation finance patterns, future research should focus on the multi-scalar configurations of adaptation finance beyond the international level and consider local and regional territorial and scalar politics.

中文翻译：

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气候适应融资的多尺度不平等：批判性回顾

 审查目的

这篇批判性文献综述采用多尺度分析方法，探讨了决定适应资金可及性和分配的因素，特别关注如何考虑气候脆弱社区的需求。

 最近的发现

我们的审查表明，气候脆弱性并不是国家间、次国家和地方范围内气候适应资金的可及性和分配的主要决定因素。相反，机构能力以及金融和政治利益等因素会产生重大影响。这会导致适应不良和多尺度不平等，气候融资有利于各个规模上相对有弹性的群体，而对更脆弱群体的支持较少。

 概括

我们认为，金融不是涓滴效应，而是气候金融领域内的“涟漪”——我们将后者定义为竞争、谈判和合作的混乱空间。为了解锁公平的适应融资模式，未来的研究应侧重于国际水平之外的适应融资的多尺度配置，并考虑地方和区域的领土和尺度政治。