Can Toan Vu coord. edt IRD Pulliat G. auteur aut IRD Pannier Emmanuel auteur aut IRD Espagne E. auteur aut IRD text bookSection eng text/pdf reformatted digital access 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. specialized VIET NAM 094ACFIN 021CLIMAT01 Espagne E. ed. edt IRD Thanh Ngo-Duc auteur aut IRD Manh Hung Nguyen auteur aut IRD Pannier Emmanuel auteur aut IRD Woilliez M.N. auteur aut IRD Drogoul Alexis auteur aut IRD Thi Phuong Linh Huynh auteur aut IRD Thuy Toan Le auteur aut IRD Thi Thu Ha Nguyen auteur aut IRD Truong Toan Nguyen auteur aut IRD Tu Anh Nguyen auteur aut IRD Thomas Frédéric auteur aut IRD Chi Quang Truong auteur aut IRD Quoc Tanh Vo auteur aut IRD Canh Toan Vu auteur aut IRD 533-561 Paris AFD 2021 https://www.documentation.ird.fr/hor/fdi:010086222 https://www.documentation.ird.fr/hor/fdi:010086222 https://horizon.documentation.ird.fr/exl-doc/pleins_textes/2022-11/010086222.pdf IRD - Base Horizon / Pleins textes 2022-09-27 2023-11-27 fdi:010086222 fre