“…Although the study of the observed variables shows similar results to previous findings of sub-national adaptation finance, it also reveals noteworthy distinctions and some unexpected findings. First, as reported in other contexts (see Barnett, 2014;Dipendra, 2020), physical vulnerability influences the allocation of adaptation aid; however, data suggest a positive bias towards jurisdictions where rainfall is historically intense. Episodes of flooding in the coastal lowlands and mountain riverine floods on the Andes mountains are frequent and often associated with urban development, deforestation and other land use change as well as poor flood risk management (Burgos Choez et al, 2019; Pinos & Timbe, 2020; Sierra et al, 2021).…”