This report explores the barriers that hinder finance flows for climate adaptation in four Asian countries: Bangladesh, Cambodia, Nepal and Thailand. The authors show how policy and regulatory constraints, often worsened by insufficient capacity and governance shortcomings, weaken the efforts to mobilize and allocate climate finance, particularly in key sectors like energy, water, agriculture, and disaster risk management.
Climate change presents an urgent and growing hazard to the economic and social
wellbeing of countries throughout Asia and the Pacific. To address this issue,
substantial investments in climate adaptation action are crucial, yet the currently existing climate finance flows, especially from the private sector, remain insufficient.
Unlocking these resources requires more than new financial mechanisms; it calls for targeted, data-informed policy action and regulatory reforms, strengthened institutional capacity, and strategic coordination across all sectors and levels of government.
The findings of this report come from a mixed-method research approach including
a literature review, expert surveys, several interviews and in-country focus group discussions. This mixed-methods strategy allowed us to gain a comprehensive view of the climate finance landscape in each country.
