The challenge for all providers of climate finance to address this imbalance in line with the commitments made in the Paris Agreement. This will provide a backdrop for consideration of how to restructure climate-related development finance to achieve a balance between mitigation and adaptation financing while prioritising public finance to LDCs and SIDS as envisaged in the Paris Agreement. It may also provide an opportunity to consider how to address any competition for international public finance between development and climate priorities in low-income countries. For example, by looking at ways to use other forms of climate-related development finance or more limited, “smarter” use of ODA to leverage and catalyse investment into mitigation action in middle-income countries (e.g. through greater use of guarantee instruments).