Financing Climate Change Adaptation in Transboundary Basins

iii Financing Climate Change Adaptation in Transboundary Basins Acknowledgments v Executive Summary vii Abbreviations xi Chapter 1  Water, Climate Change, and Reslience 1 1.1 Challenges and Opportunities in Transboundary River Basins 2 1.2 Role of Transboundary RBOs 4 Notes 8 Chapter 2  Accessing Finance for Transboundary Adaptation and Climate Resilience Initiatives 9 2.1 Global Cooperation and Climate Finance 9 2.2 Available Finance and Investment for Adaptation and Resilience Building 12 2.3 Climate Finance and Funds Arising from the UN Climate Convention 13 2.4 Private Sector Financing 20 2.5 Concessional Loan Financing 22 2.6 Climate Bonds and Other Bond Options 22 2.7 Interaction and Cooperation between Public and Private Finance 23 2.8 Bundled, Blended, Multidonor, and Other Financial Sources 24 Notes 26 Chapter 3  Preparing “Bankable” Projects in the Transboundary Context 27 3.1 Stage 1: Identifying Potentially Bankable Projects 28 3.2 Stage 2: Project Preparation 29 3.3 Using the Project Cycle as Guide 30 3.4 Managing Risk 31 3.5 Additional Tools and Resources that Strengthen Bankability 33 3.6 Recommendations for Developing Bankable Projects 35 Notes 36 Chapter 4 Conclusions 37 Appendix A Overview of Funding Sources 39 Glossary 43 Bibliography 45 Contents