Are Markets Interested in Adapting to Climate? Insights From Singapore (White Paper)

Published on February 1, 2023

Authored by Stella Whittaker, Tran Bao Phuong Nguyen

This white paper offers new insights into financing climate change adaptation in cities and extends the CCFI’s Adaptation Bonds report published in September 2022. The latter presents analysis and insights into the US municipal bond market to help close the adaptation financing gap. This research investigates the delivery of climate finance for climate change projects in Singapore. The research question ‘To what extent can markets build for transformation in climate adaptation financing in city?’, aims to inform and promote a better understanding of financing for climate change actions today. A motivation for the study is the scale of the impacts and the economic losses the city could face without adaptation.