Public finance for climate change adaptation can be broadly defined as transnational, national and local finance from public sources that seeks to support actions aimed at helping human and natural systems adjust to “actual or expected climate and its effects, in order to moderate harm or exploit beneficial opportunities” (IPCC, 2022).
It supports initiatives such as infrastructure which is better equipped to withstand climate change impacts,
drought-tolerant crops, enhanced food and water security, social safety nets and improved decision-making around climate risks.