State and Trends of Climate Adaptation Finance in Small Island Developing States

As the global adaptation funding gap grows, action in Small Island Developing States (SIDS) is increasingly urgent due to their acute climate vulnerability. 

SIDS still face steep barriers to adaptation finance, including capacity constraints, limited private investment, high transaction costs and small project sizes. 

This report calls for a major scale-up in adaptation finance for SIDS, outlines persistent challenges and identifies priority actions for the global finance community.