On the 14th November, the OECD released its Climate Adaptation Investment Framework (CAIF) which aims to provide practical, non-prescriptive and flexible guidance to help governments identify the policies that need to be in place to enable public and private finance to flow to investments that support climate resilience.
The Framework is structured around the following six “building blocks”:
- Strategic planning and policy coherence
- Regulatory alignment
- Insurance & risk transfer
- Public finance & investment
- Sustainable finance
- Support for private investment
For each “building block”, the CAIF identifies:
- International good practices for overcoming key barriers to investment
- Diagnostic questions to identify gaps in the enabling environment
- Links to further resources to help address these gaps
