Financing Climate Change Adaptation in Transboundary Basins

8 Financing Climate Change Adaptation in Transboundary Basins Some RBOs have elaborated strategies and project proposals to access climate financing. The RBOs responsible for the Danube, Dniester, Mekong, Neman, Nile, and Rhine river basins respectively have finalized their transboundary adaptation strategies; while others, such as those responsible for the Sava and Chu Talas river basins, have strategies under development . 3 In addition to these basinwide adapta- tion strategies, the Niger and Lake Chad basin organi- zations have developed climate resilience investment plans to enable strategic resource mobilization and implementation support. Still, many RBOs have not begun adaptation planning and seek financing. In these efforts, RBOs face challenges and opportunities as summarized in table 1.3. Notes 1. See the UNECE “Water Convention” website, https://www.unece.org /env/water/. 2. Options for building resilience to climate change will be considerably smaller if limited to actions undertaken by individual countries only — and run the risk of counterproductive investments when viewed at the regional scale (World Bank 2018). 3. Numerous transboundary river basin adaptation strategies exist or are under development, including the Mekong Adaptation Strategy and Action Plan: Objectives and Roadmap, http://www.mrcmekong .org/assets/Publications/Events/2nd-CCAI-Forum/5-5-Mekong-Ada ptation-Strategy-and-Action-Plan.pdf; Strategic Framework for Adaptation to Climate Change in the Dniester River Basin, https://www.unece.org/fileadmin/DAM/env/documents/2016/wat /04Apr_6-7_Workshop/Strategic_Framework_Dniester_draft_trans lation_Engl.pdf; Strategic Framework for Adaptation to Climate Change in the Neman River Basin, https://www.unece.org/fileadmin /DAM/env/documents/2016/wat/04Apr_6-7_Workshop/Strategy_of _Adaptation_to_Climate_Change_ENG_for_print.pdf; Danube River Basin Climate Adaptation Strategy (2012), https://www.icpdr.org /main/sites/default/files/nodes/documents/icpdr_climate-adapta tion-strategy.pdf; Climate Change Strategy for the Nile Basin, http://nileis.nilebasin.org/system/files/23.10.13%20climate%20 change%20strategy.pdf; Climate Change Adaptation Strategy for the Rhine River Basin, https://www.riob.org/fr/file/290577 /download?token=jY1aoNAN; Water and Climate Adaptation Plan for the Sava River Basin, https://openknowledge.worldbank.org /handle/10986/22944.