There are five multi-lateral climate change funds of the UNFCCC and Paris Agreement financial mechanisms. There are further multi-lateral climate change funds that are not governed by the UNFCCC or Paris Agreement, the largest of which is the World Bank governed Climate Investment Funds . Some of the major multi-lateral climate change funds have been established with a specific focus on adaptation, while some bilateral donors have thematic or sectoral priorities. Multi-lateral climate change funds operate through accredited implementing entities. These have historically been multi-lateral in nature, such as the development banks, but recent years have seen a rise in the accreditation of national and regional institutions . In addition to programming funds
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report