of the remainder some percent of finance from dedicated climate funds has been targeted at latin america and the caribbean reflecting the significant opportunities seen for reducing emissions in the forest sector in that region adaptation funding has concentrated on subsaharan africa the region likely to be most impacted by climate change with percent of approved dedicated climate finance for the period bilateral donors have also allocated almost half of their adaptationtagged finance to subsaharan africa that focus is most pronounced for the forestry sector where percent of bilateral and percent of dedicated multilateral finance supports policy and administrative management in particular for redd readiness which assists governments in developing national redd plans and strategies