Complementarity and coherence among climate funds: a tool for improved access in LDCs and SIDS?
Accessing climate finance remains slow, complex and resource intensive, with disproportionate burdens on least developed countries (LDCs) and…
Graduating from least developed country (LDC) status represents a highly symbolic and positive step in a country’s journey towards greater socioeconomic prosperity. However, the resulting fall in international support and loss of LDC benefits also threatens to upend their climate adaptation plans — which are vital for those countries increasingly vulnerable to climate change impacts.
The trajectories of countries like Angola and Bhutan, which are set to graduate in the next two years, offer an insight into the complex challenges caused by the loss of LDC benefits. This case study outlines the opportunities and risks faced by graduating LDCs and offers solutions for ensuring a smooth transition in their climate adaptation efforts.
This resource was produced by the International Institute for Environment and Development (IIED), a leading independent policy and action research organisation committed to building a fairer, more sustainable world using evidence, action, and influence in partnership with others. Find out more about IIED and read more publications here.