Cited by 242Sustainability and Climate Change GovernanceClimate Change Policy and EconomicsSustainable Finance and Green Bonds

Twenty-five years of adaptation finance through a climate justice lens

Open access
Khan, Mizan, Robinson, Stacy-ann, Weikmans, Romain, Ciplet, David, Roberts, J. Timmons·2020·Climatic Change

Abstract

How much finance should be provided to support climate change adaptation and by whom? How should it be allocated, and on what basis? Over the years, various actors have expressed different normative expectations on climate finance. Which of these expectations are being met and which are not; why, and with what consequences? Have new norms and rules emerged, which remain contested? This article takes stock of the first 25+ years of adaptation finance under the United Nations Framework Convention on Climate Change (UNFCCC) and seeks to understand whether adaptation finance has become more justly governed and delivered over the past quarter century. We distinguish among three “eras” of adaptation finance: (1) the early years under the UNFCCC (1992–2008); (2) the Copenhagen shift (2009–2015); and (3) the post-Paris era (2016–2018). For each era, we systematically review the justice issues raised by evolving expectations and rules over the provision, distribution, and governance of adaptation finance. We conclude by outlining future perspectives for adaptation finance and their implications for climate justice.

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  • A study of the first 25 years of adaptation finance through a climate justice lens found that adaptation finance has moved away from climate justice towards neoliberal principles, with a growing emphasis on private finance and market-based strategies and increasingly inadequate and unfair distribution of funds.

    “A study of the first 25 years of adaptation finance (from the signing of the UNFCCC in 1992 to 2018) through a climate justice lens found that adaptation finance has moved away from climate justice towards neoliberal principles, with a growing emphasis on private finance and market-based strategies and increasingly inadequate and unfair distribution of funds (Khan et al., 2019).”

    From Intersectional climate justice: A conceptual pathway for bridging adaptation planning, transformative action, and social equity (2022) · cites this paper as Khan et al., 2019

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Cited by

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Authors
Khan, M., Robinson, S.-A., Weikmans, R., Ciplet, D., & Roberts, J. T.
Affiliations
  • International Centre for Climate Change and Development (BD)
  • Colby College (US)
  • Université Libre de Bruxelles (BE)
  • University of Colorado Boulder (US)
  • Brown University (US)
Corresponding author
Robinson, Stacy-ann
Venue
Climatic Change
Published
2019-10-29
Volume
161
Issue
2
Pages
251-269
ISSN
  • 0165-0009 (ISSN-L)
  • 1573-1480
OpenAlex
W2982563871
Cited by
242
References
1
Citations by year
2026: 35 · 2025: 36 · 2024: 40 · 2023: 29 · 2022: 36 · 2021: 54 · 2020: 10 · 2019: 2
FWCI
12.68
Type
journal article
Language
en
Open access
Locations
  • Climatic Change (publishedVersion, cc-by)
  • RePEc: Research Papers in Economics (submittedVersion)
  • Dépôt institutionnel de l'Université libre de Bruxelles (Université Libre de Bruxelles) (submittedVersion, other-oa)
  • Greater South Information System
Topics
  • Physical Sciences › Environmental Science › Global and Planetary Change › Sustainability and Climate Change Governance
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
  • Social Sciences › Economics, Econometrics and Finance › Finance › Sustainable Finance and Green Bonds
Keywords
climate change adaptation finance, climate justice, UNFCCC, Copenhagen Accord, Paris Agreement, climate finance governance, normative expectations

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