Recommendation 56

Contributors raised significant concerns around the accuracy of the amount of global international climate finance that is being reported as pledged and disbursed for adaptation by the UK and other donor countries.123 In its report published in January 2021, CARE International wrote that “current official figures for adaptation finance are severely overstated and far too high” with US$2.6 billion out of the US$6.2 billion reported as climate adaptation being over-reported.124 It further stated that “donors commonly report more than the actual costs of the adaptation activities in their projects as adaptation finance”.125