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India urgently needs significant investment in climate adaptation efforts to sustain development progress. India recognizes the importance of climate change impacts on development and growth and places adaptation approaches within the country’s broader development goals. While governments have made efforts to fund adaptation efforts, the need for investment in adaptation at the national level is significant and will continue to grow.
This study examines India’s approach to adaptation, associated investment needs, funding gaps, and means of bridging these gaps through public and private finance. Our report also delves into the existing challenges in financing adaptation efforts in India at the local level and potential ways in which adaptation financing can be scaled up. Based on the report’s findings, we will share recommendations to accelerate action.