There is growing recognition that local organisztions, people and communities need to lead or be meaningfully involved in the response to the climate, biodiversity and poverty crisis. Least developed countries (LDCs) are leading a call for localizing international climate adaptation finance, a crucial resource to support local actors and help developing countries respond to and prepare for worsening climate.
This report investigates how feasible it is to track this finance to the local level in LDCs and addresses the prevailing transparency challenges that make it impossible to understand what progress is being made. It investigates bilateral and multilateral climate finance contributors’ reporting to the Organisation for Economic Co-operation and Development’s global aid database — the Development Assistance Committee’s (DAC) Creditor Reporting System (CRS) — and offer contributors who are prepared to radically improve climate finance reporting and transparency a set of questions that will enable better tracking of the role and agency of national to local actors.