Least developed countries often lack the requisite capacity to implement climate change adaptation projects. The Least Developed Countries Fund (LDCF) is a scheme where industrialized countries have (as of early 2016) disbursed 934.5 million USD in voluntary contributions, raised more than four times that amount in co-financing, and supported 213 adaptation projects across 51 least developed countries.

But what sorts of challenges have arisen during implementation? Based on extensive field research in five least developed countries — Bangladesh, Bhutan, Cambodia, the Maldives, and Vanuatu — and original data collected from almost 150 research interviews, this article qualitatively explores both the benefits and challenges of LDCF projects in the Asia-Pacific region.

It finds that while LDCF projects do contribute to enhancing multiple types of infrastructural, institutional, and community-based adaptive capacity, they also suffer from uncertainty, a convoluted management structure, and an inability to fully respond to climate risks. Based on these findings, the study concludes that adaptation must be pursued as a multidimensional process; and that LDCF activities have tended to promote marginal rather than more radical or systematic transformations.

Read the article (external link to journal)