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Most international funders cannot lend directly to smaller communities, and have to go through national agencies, such as finance ministries, said Peter King who works on USAID's Bangkok-based Adapt Asia-Pacific project. The key challenge is channelling money from large donors to small, poor communities that are hardest hit by climate-related disasters, experts said in an online discussion supported by the Asia Pacific Adaptation Network. Rich countries have promised to mobilise an annual $100 billion by 2020 to help poor nations adapt to climate change and develop their economies on a low-carbon path.

government is setting up a course to train officials in the Asia-Pacific region in the basics of preparing and financing projects to help communities weather climate change, experts from the USAID development agency said on Friday.įinancing needs for climate change adaptation - efforts to adjust to extreme weather and rising seas - are estimated at tens of billions of dollars per year in developing countries.īut in 2013, only $25 billion in public resources went to adaptation around the world. Asian officials will be trained in preparing and financing projects to help communities weather climate changeīANGKOK, June 26 (Thomson Reuters Foundation) - The U.S.

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