Financing Climate Change Adaptation in Transboundary Basins

iv Financing Climate Change Adaptation in Transboundary Basins Boxes 1.1. Case Study: Mekong Climate Change Adaptation Strategy and Action Plan for the Lower Mekong Basin 6 2.1. Case Study: Fostering Multi-Country Cooperation over Conjunctive Surface and Groundwater Management in the Bug and Neman Transboundary River Basins and the Underlying Aquifer Systems 16 2.2. Case Study: Drina River Basin Management Project 17 2.3. Case Study: Integration of Climate Change Mitigation and Adaptation Measures in the Concerted Management of the W Transboundary Parc: Adapt-W Project 18 2.4. Case Study: Lake Victoria Basin Commission Climate Change Strategy and Action 19 2.5. GCF Accreditation Case Study: The OSS and Consultation Mechanism of the North Sahara Aquifer System (SASS) 21 2.6. Climate Bonds for Adaptation in the Water Sector 22 2.7. Case Study: Climate Resilience Investment Project for the Niger River Basin 25 3.1. Case Study: Climate Change and Security in the Dniester Basin 34 Figures 1.1. Building Resilience to Climate Change in Transboundary Waters 3 2.1. Global Climate Finance Architecture 10 2.2. Average Annual Public Investments in Adaptation, 2015–16 12 2.3. Green Bond Commitments, by Sector 23 3.1. Levers for Adequate Risk Mitigation of Green Finance Projects 34 Tables 1.1. Observed Climate Change Impacts 2 1.2. Roles of RBOS and Regional Institutions 6 1.3. RBO Challenges and Opportunities in Raising Climate Financing 7 2.1. Green Climate Fund Strategic Impact Areas 19 2.2. Water-Themed Bonds, by Region 23 3.1. Elements of the Project Cycle 31 A.1. Multilateral and Regional Climate and Climate Related Funds 39