AF | Adaptation Fund
Helping developing countries build resilience and adapt to climate change.
The Adaptation Fund is a financial instrument established under the Kyoto Protocol of the United Nations Framework Convention on Climate Change (UNFCCC). It is designed to finance concrete adaptation projects and programs in developing countries that are particularly vulnerable to the adverse effects of climate change. The Fund is financed with a share of proceeds from Clean Development Mechanism (CDM) project activities and other sources of funding.
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2001
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Website Key Features
Project Funding
Provides financial support for adaptation projects in developing countries vulnerable to climate change.
Direct Access
Allows national implementing entities to access funding directly, enhancing country ownership.
Innovation and Learning
Promotes innovative approaches to adaptation and shares lessons learned.
Transparency
Ensures transparent operations and decision-making processes.
Stakeholder Engagement
Encourages active participation of stakeholders in project development and implementation.
Monitoring and Evaluation
Implements rigorous monitoring and evaluation frameworks to assess project impacts.
Capacity Building
Supports capacity building efforts to enhance resilience to climate change.
Similar Sites and Competitors
Additional information
Governance
Governed by the Adaptation Fund Board, which includes members from both developed and developing countries.
Funding Sources
Primarily funded through a share of proceeds from CDM projects and voluntary contributions.
Project Portfolio
Has a diverse portfolio of projects ranging from water resource management to coastal protection.
Impact
Has funded projects that have directly benefited millions of people in vulnerable communities.
Partnerships
Works in partnership with a wide range of international, regional, and local organizations.
Awards and Recognition
Recognized globally for its innovative approach to climate finance and adaptation.
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