The Madagascar: Adaptation Investment Pipeline and Financing  Instruments report presents a forward-looking Adaptation Investment Pipeline for the country, identifying priority investments required to safeguard economic stability and protect vulnerable populations. It highlights transport as the backbone of the economy, highly exposed urban systems concentrated in a small number of cities, and critical needs in agriculture, water, energy, health, and the blue economy. Building on Madagascar’s strong policy foundations (NAP, NDC, PANEDD), the analysis translates climate risk into a structured investment agenda focused on integrating resilience into development planning, scaling climate-resilient infrastructure, and strengthening governance and preparedness systems. The report provides an evidence-based roadmap for mobilizing adaptation finance at scale and aligning investments with the country’s long-term development trajectory.