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Scaling adaptation finance in Southeast Asia

Asia remains disproportionately vulnerable to climate shocks, as global climate finance continues to prioritize mitigation over adaptation. In 2023, global adaptation finance amounted to just USD65 billion - approximately 4% of total climate finance flows of USD1.9 trillion. Strengthening resilience across Southeast Asia will require coordinated public and private action. Governments should commit to stable, long-term budgetary allocations for adaptation, expand blended finance mechanisms to facilitate nature-based solutions, and strengthen supportive policies such as carbon pricing and green bond frameworks.
Author:

Xuan Tan, Shu; N. Iyer, Ramnath

Language: English
Published By: Institute for Energy Economics and Financial Analysis
Published date: February 2026

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