ABSTRACT
National and international policymakers promote investment in LCRD in order to address the challenges of climate change and development. The stimulation of this investment is reliant on policies that will mobilise and deliver appropriate finance, including scaled-up finance to support current and projected costs; long-term finance to sustain and incentivise investment; and flexible and inclusive finance that is accessible to the most vulnerable. Framing and implementing policy options to finance LCRD investment is
a complex task. Achieving adaptation and mitigation synergies requires programmatic rather than project-based, siloed funding. There is a need for an adequate and sustainable scale of finance for cross-sectoral LCRD approaches. This in turn requires innovative financing mechanisms, with tailored and appropriate instruments to create synergies between adaptation and mitigation agendas. Both public and private funding will be needed to bring about an integrated low carbon and climate resilient future (Boyle 2013). Currently, however, there are a number of issues constraining the financing
of LCRD priorities, particularly in low-income countries.
