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Accepted Paper:

Transforming Urban Adaptation Finance (TRANSFIGURE): A Critical Perspective on New Institutional Initiatives for Funding Adaptation in Cities  
giuseppe forino (Bangor University) Arabella Fraser (Open University)

Paper short abstract:

We will bring an understanding of multiple forms of adaptation finance in urban areas, and of their actors, decision-making mechanisms, and dynamic perspectives.

Paper long abstract:

Different forms of local financing adaptation initiative are emerging, including experimental multilateral mechanisms, attempts to broker the private 'viability' of adaptation projects via urban networks and bilateral donors, and community-based experiments. However, there is little investigation of these forms and their implications for an equitable adaptation. This research investigates three forms of adaptation finance (multilateral finance mechanisms, bilateral donor/network-brokered, and community-based experiments) and their interconnected powerful and influential actors, decision-making mechanisms, their long-term, complex, and dynamic perspectives, and the mainstreaming of climate science into adaptation finance. The research proposes two conceptual frames. The first frame is 'Critical Institutionalism' and explains how adaptation finance leads to institutional change and continuity accounting for power, uncertainty, social embeddedness, and relationships between formal and informal institutions. The second frame is science-policy studies and investigates how 'technical' knowledge is shaped by certain social and political commitments and shapes the practices of power in turn. A critical and relational perspective allows to recognize that adaptation and its finance should be understood as a relational process, rather than as a technical outcome, to make sense of the process through which new adaptation initiatives operate. The research will investigate these issues in urban areas of the Global South also including Hanoi and Manila. A content analysis of relevant documents produced by climate funders, policy-makers, practice organizations, and different government levels will be combined with semi-structured interviews with representatives of these organizations and agencies in order to have an internal and in-depth view of these institutional mechanisms.

Panel P41
Devolved finance of climate change adaptation in urban settlements
  Session 1 Wednesday 6 July, 2022, -