The choice of funding and financing mechanism is often based on implicit economic world views  or on the technical support available to sub-national governments, such as preparing municipal bonds or contracting for public-private partnerships . The urban finance literature has long called for critical interrogation of these choices, as adaptation finance has profound justice implications . However, the literature on adaptation investments is limited . The use of municipal debt such as green bonds, for example, intensify the financial and environmental risks borne primarily by the poor, the working class or people discriminated against because of race, sexual orientation or ability .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report