To cover the shortfall of finance for urban adaptation, a change is required in the global financing systems, from the current top-down approach to a locally oriented demand-driven approach. Basically, an inversion of global adaptation financing is the need of the hour.
Read more: Funding for Adaptation Has to be Bottom-Up : http://www.iclei.org/fileadmin/user_upload/documents/Africa/News_and_Events/EVENTS/2011/May_-_Aug/ICLEI_press_release_-_Finance_for_adaptation_needs_to_be_bottom_up_20110605_final.pdf
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TAGS:
- financing