Climate change has had severe impacts globally and across different sectors. The global South, Kenya included, is bearing the brunt of these changes, which necessitate the process of adjusting to the change. In this regard, several adaptation initiatives have been initiated to address this need. To ensure the sustainability of these initiatives, financing should be sustainable, which has been a major challenge. This study, therefore, seeks to investigate the influence of carbon markets on the performance of climate adaptation initiatives in Kenya. This study is anchored on the theory of financial intermediation. Employing a descriptive research design, the study targeted 31 climate adaptive initiatives in Kenya with a focus on KOKO Networks and shall utilize census sampling. Data collection will be done using structured questionnaires administered through Survey Monkey. Data analysis will be done through descriptive and inferential statistics. This study will be useful to policymakers in creating policies that ensure project sustainability. Project managers shall also benefit through this in understanding best ways to structure future projects using the most suitable financing mechanisms for the project.