Climate-change financing is unequally distributed among CSA countries . Financing of climate-change adaptation remains very much delegated to multilateral and bilateral cooperation, and the governments in the region have heavily relied on it. Still, there are some concerns regarding justice in the distribution of these funds . The UNFCCC has created financing mechanisms throughout its functioning years, but a wide range of issues that present challenges for access by recipients . These include a lack of technical capacity, difficulties in following the procedures established by the various financial entities and low levels of awareness about the need for action, as well as the different sources of funds available. The fiscal policies of various countries have contributed to government financing in the fight against climate change . Since the Paris Agreement, countries have pledged NDCs that introduce the need to design and implement carbon budgets with a corresponding consideration of the efficiency and costs and benefits involved in each mitigation or adaptation to climate-change projects .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report