Using Text Classification with a Bayesian Correction for Estimating Overreporting in the Creditor Reporting System on Climate Adaptation Finance

11/30/2022
by   Janos Borst, et al.
0

Development funds are essential to finance climate change adaptation and are thus an important part of international climate policy. of a common reporting practice makes it difficult to assess the amount and distribution of such funds. Research has questioned the credibility of reported figures, indicating that adaptation financing is in fact lower than published figures suggest. Projects claiming a greater relevance to climate change adaptation than they target are referred to as "overreported". To estimate realistic rates of overreporting in large data sets over times, we propose an approach based on state-of-the-art text classification. To date, assessments of credibility have relied on small, manually evaluated samples. We use such a sample data set to train a classifier with an accuracy of 89.81%± 0.83% (tenfold cross-validation) and extrapolate to larger data sets to identify overreporting. Additionally, we propose a method that incorporates evidence of smaller, higher-quality data to correct predicted rates using Bayes' theorem. This enables a comparison of different annotation schemes to estimate the degree of overreporting in climate change adaptation. Our results support findings that indicate extensive overreporting of 32.03% with a credible interval of [19.81%;48.34%].

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