Abstract

To successfully implement climate adaptation initiatives, civil societies require less bureaucratic processes to access financial resources. Moreover, international agencies are not fully trusted to support such initiatives since they may change funding programs at will. In this chapter, we present the concept of COCOA web platform that relies on knowledge-sharing and Blockchain technologies to transfer financial resources to local communities working on climate adaptation initiatives. COCOA connects donors with beneficiaries to transparently transfer financial resources via smart contracts. It also allows participants to share knowledge in the form of climate change expertise and local know-how. After describing COCOA’s overall architecture, we present a number of challenges for its adoption and strategies to address them, followed by further discussions.