Utilizing international climate change adaptation funding to reduce risks of natural disasters in the developing world

This chapter examines the relationship between funding for climate change adap-tation (CCA) and disaster risk reduction (DRR). The relationship between climate change and natural disasters is well documented. Broadly speaking, evidence has shown a strong link between rising global temperature and increased occurrences of extreme hydro-meteorological weather events affirming the relationship between climate change and natural disaster. Despite this connection, integration of natural disaster management and climate change policy has been very limited thus far. The existence of similar vulnerabilities has motivated attempts at greater integration between CCA and DRR. This chapter examines the extent to which successful integration between CCA and DRR is reflected in funding mechanisms. The Intergovernmental Panel on Climate Change (IPCC) maintains that “[o]pportu-nities exist to create synergies in international finance for disaster risk management and adaptation to climate change, but these have not yet been fully realized.” Funding is an indispensable element in improving resilience from both climate impacts and natural disasters and a key policy instrument.