<p>Rising sea levels, altered rainfall patterns, extreme weather events, and their socioeconomic consequences (economic crisis, migration, infrastructure loss, etc.) are only some of the effects of climate change that will hit hardest in developing and industrializing countries. Some of these countries in Asia, Africa and Latin America are home to the most vulnerable populations in the face of climate change. At the same time, they offer many opportunities to link climate change adaptation to sustainable economic development. In this study, commissioned by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Ecologic Institute researchers identified&nbsp; the factors that most limit developing countries&#39; ability to adapt to climate change. They also proposed economic instruments that focus on private sector mobilization to strengthen adaptation capacity and make recommendations for how future development cooperation projects can integrate these instruments.</p>