@incollection{fdi:010086222, title = {{F}inancing climate change adaptation in {V}iet {N}am : a perspective from the field}, author = {{C}an {T}oan {V}u and {P}ulliat, {G}. and {P}annier, {E}mmanuel and {E}spagne, {E}.}, editor = {{C}an {T}oan {V}u}, language = {{ENG}}, abstract = {{T}his chapter investigates the financial aspect of climate change adaptation in {V}iet {N}am. {W}hile providing a general overview of global climate finance, it focuses on the structure,main actors, flow, and use of adaptation finance in {V}iet {N}am, and highlights the challenges that the country faces in effectively mobilizing and using resources for adaptation. {T}his paper mainly draws on studies of adaptation policies and in-depth qualitative field research, as conducted by the authors throughout {V}iet {N}am over the last seven years. {T}he results indicate an important gap in tracking adaptation spending and measuring the impact of adaptation finance. {A} monitoring and evaluation system is therefore needed. {T}his system needs to track not only formal financial flows, but also various resources that are often mobilized for adaptation at the local level. {T}his chapter also reveals a significant financial gap at the provincial, and especially the community level, and calls for urgent national and international commitment to support local adaptation. {T}his gap is partly explained by the limited integration of adaptation into development planning and state budget regulations, as well as by the weak engagement of the private sector. {I}n addition, a concern is raised regarding how to better harmonize development objectives with the adaptation agenda. {M}oreover, climate adaptation projects often target the reduction of hazard exposure through hard infrastructure, rather than reducing social and economic vulnerability. {T}his may come with adverse effects with regard to long-term adaptation. {T}herefore, in addition to the lack of funding dedicated to adaptation, the way funding is used and monitored also appears to be a crucial issue.}, keywords = {{VIET} {NAM}}, booktitle = {{C}limate change in {V}iet {N}am : impacts and adaptation : a {COP}26 assessment report of the {GEMMES} {V}iet {N}am project}, numero = {}, pages = {533--561}, address = {{P}aris}, publisher = {{AFD}}, series = {}, year = {2021}, URL = {https://www.documentation.ird.fr/hor/fdi:010086222}, }