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As the Loss & Damage Fund stalls, India must turn to parametric insurance—backed by central model guidelines—to shield vulnerable communities
The current gap in global adaptation finance for developing countries is estimated at US$194-366 billion per year. This brief highlights the critical role of domestic public funding in driving adaptation initiatives. While international climate finance mechanisms exist, their effectiveness is limited by slow disbursement processes and regional disparities in fund distribution. Public finance management systems can act as catalysts for mobilising
