As national and donor-related funding for impacts and risk management remains limited (Schäfer and Künzel, 2019; 17.2; Serdeczny, 2019) even at current global warming, many highly exposed developing countries remain financially constrained in their capacity to attend to residual impacts and risk management needs (Linnerooth-Bayer and Hochrainer-Stigler, 2015; Roberts et al., 2017; UNEP , 2021a)