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- W4293912765 abstract "AbstractThe Asia–Pacific coastal region is at the forefront of climate change. Coastal and island communities endure climate-related hazards and marine and coastal ecosystem degradation, which repeatedly challenge their transition to a sustainable blue economy. Therefore, climate change adaptation in coastal zone communities is imperative, particularly, for developing countries where financial access is an ever-present challenge. Some existing studies have tracked global adaptation finance flows but the scale of finance in the ocean and coastal zones remains unknown. Detailed public finance monitoring would offer greater insights to close the finance gap for vulnerable coastal and island countries. This study aims to comprehend the Asia–Pacific adaptation finance landscape and show its aid flow trends and features, with a special focus on ocean and coastal areas. Results show that the amount of adaptation funds directed to the oceans and coastal regions in the Asia–Pacific has gradually increased, with a fivefold growth over the past decade. Recently, “blue finance” or ocean sustainability funding has attracted attention and accelerated concrete actions by the international community as a whole. Thus, this study also provides insight on how emerging blue finance initiatives promote climate change adaptation in the ocean and coastal areas.KeywordsAsia–PacificAdaptation financeBlue financeClimate change adaptationOcean and coastal zones" @default.
- W4293912765 created "2022-09-01" @default.
- W4293912765 creator A5071684196 @default.
- W4293912765 date "2022-01-01" @default.
- W4293912765 modified "2023-09-27" @default.
- W4293912765 title "Financing Climate-Resilient Coasts: Tracking Multilateral Aid for Ocean and Coastal Adaptation to Climate Change in Asia-Pacific" @default.
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- W4293912765 doi "https://doi.org/10.1007/978-981-19-2924-3_7" @default.
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