Toward locally – controlled adaptation funding

Funding is a key feature for the proper application of resilience. Dodman claims that there are two sides about adaptation: 1) adaptation is a local priority and 2) urban governance requires participation between: local authority, society, and private sector. Adaptation can be costly but also cost effective while finance can build long lasting resilience for local communities. Surborg, working for GIZ in Bangladesh, claimed that if climate change increases climate calamity, the local level is the one which will be the most affected. Normally, the flow of money occurs from Donor countries (Polluter countries) to developing countries through multilevel institutions. Read more