%0 Book Section
%9 OS CH : Chapitres d'ouvrages scientifiques
%A Can Toan Vu
%A Pulliat, G. 
%A Pannier, Emmanuel
%A Espagne, E.
%T Financing climate change adaptation in Viet Nam : a perspective from the field
%B Climate change in Viet Nam : impacts and adaptation : a COP26 assessment report of the GEMMES Viet Nam project
%C Paris
%D 2021
%E Espagne, E.
%E Thanh Ngo-Duc
%E Manh Hung Nguyen
%E Pannier, Emmanuel
%E Woilliez, M.N.
%E Drogoul, Alexis
%E Thi Phuong Linh Huynh
%E Thuy Toan Le
%E Thi Thu Ha Nguyen
%E Truong Toan Nguyen
%E Tu Anh Nguyen
%E Thomas, Frédéric
%E Chi Quang Truong
%E Quoc Tanh Vo
%E Canh Toan Vu
%L fdi:010086222
%G ENG
%I AFD
%K VIET NAM
%P 533-561
%U https://www.documentation.ird.fr/hor/fdi:010086222
%> https://horizon.documentation.ird.fr/exl-doc/pleins_textes/2022-11/010086222.pdf
%W Horizon (IRD)
%X This chapter investigates the financial aspect of climate change adaptation in Viet Nam. While providing a general overview of global climate finance, it focuses on the structure,main actors, flow, and use of adaptation finance in Viet Nam, and highlights the challenges that the country faces in effectively mobilizing and using resources for adaptation. This paper mainly draws on studies of adaptation policies and in-depth qualitative field research, as conducted by the authors throughout Viet Nam over the last seven years. The results indicate an important gap in tracking adaptation spending and measuring the impact of adaptation finance. A monitoring and evaluation system is therefore needed. This system needs to track not only formal financial flows, but also various resources that are often mobilized for adaptation at the local level. This 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. This 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. In addition, a concern is raised regarding how to better harmonize development objectives with the adaptation agenda. Moreover, climate adaptation projects often target the reduction of hazard exposure through hard infrastructure, rather than reducing social and economic vulnerability. This may come with adverse effects with regard to long-term adaptation. Therefore, in addition to the lack of funding dedicated to adaptation, the way funding is used and monitored also appears to be a crucial issue.
%$ 094ACFIN ; 021CLIMAT01