Financing adaptation in India

OCLC: 1515526411 "This report reviews India’s approach to climate adaptation, outlines the related policy environment, assesses adaptation investment needs and funding gaps at the state level, and explores the possibility of bridging the funding gap through public and private finance"

"The report is structured as follows: • Chapter 2 discusses the conceptual premise for climate risk management and the challenges in operationalizing and assessing adaptation action. The chapter also outlines India’s climate vulnerability context, as well as its approach to categorizing, planning, and implementing related interventions. • Chapter 3 outlines the enabling environment for adaptation action, including the policies, institutions, and programs that play a crucial role in establishing priorities, guiding action, and spending. • Chapter 4 examines available estimates of adaptation investment needs at India’s national and state levels. To understand subnational investment needs, it assesses updated State Action Plan on Climate Change (SAPCCs) and delves into three (for Himachal Pradesh, Odisha, and Tamil Nadu) to identify funding gaps. • Chapter 5 explores avenues for bridging the adaptation funding gap through public finance by assessing the fiscal health of state governments, as well as the role of private finance. • Chapter 6 concludes by providing broad suggestions/recommendations."