The amount invested in urban adaptation is limited. The Cities Climate Finance Leadership Alliance tracked USD 3.7 billion of investments in adaptation projects in 2017-2018, of which only 3-5% had an urban component . Cities and settlements frequently face barriers of inadequate financing for climate adaptation and mitigation . Finance barriers interact with economic barriers and socioeconomic conflicts and need to be considered within an integrated perspective .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report