Financial: The Climate Public Expenditure and Institutional Review (CPEIR) report for Vanuatu states that Vanuatu has been receiving a lower share of adaptation funding than most other Pacific island countries. To adequately adapt to the impacts of climate change, starting now, the annual cost is estimated to be 1.5% of
Financial: The Climate Public Expenditure and Institutional Review (CPEIR) report for Vanuatu states that Vanuatu has been receiving a lower share of adaptation funding than most other Pacific island countries. To adequately adapt to the impacts of climate change, starting now, the annual cost is estimated to be 1.5% of a country’s GDP. For Vanuatu, this equates to an investment of US$9.5million per year.
Scaling up and deploy public finance more effectively
VU
Adaptation Commitments
GCA_Subsector_2
GCA_Subsector_2
Adapt Now subsector (2)
Economy-wide
Economy-wide: General