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Adaptation Fund

The Adaptation Fund was established to finance concrete adaptation projects and programs in developing countries that are parties to the Kyoto Protocol and are particularly vulnerable to the adverse effects of climate change. Adaptation Fund investments predominantly support food security, agriculture, water management, and disaster risk reduction projects for the promotion of community resilience. Uniquely, financing for the Adaptation Fund comes mainly from sales of certified emission reductions (CERs). The share of proceeds amounts to 2 percent of the value of CERs issued each year for Clean Development Mechanism (CDM) projects. The Fund is also financed in part by government and private donors.

Activities supported include:

Water resources management, land management, agriculture, health, infrastructure development, fragile ecosystems;
Improving the monitoring of diseases and vectors affected by climate change, and related forecasting and early-warning systems, and in this context improving disease control and prevention;
Supporting capacity building, including institutional capacity, for preventive measures, planning, preparedness and management of disasters relating to climate change; and
Strengthening existing and, where needed, establishing national and regional centres and information networks for rapid response to extreme weather events, utilising information technology as much as possible.

For information on accessing Adaptation Fund Readiness support, please see a separate entry here.

Support provider

Adaptation Fund

Purpose of support

Project and program implementation

Eligible countries and regions

Developing country members of the Kyoto Protocol. For a full list, please see the UNFCCC list of parties here.

Eligibility criteria

To receive money directly from the Adaptation Fund, entities need to be accredited as an implementing entity. Implementing entities can be international (i.e. the World Bank), regional (i.e. the Secretariat of the Pacific Regional Environment Program or SPREP) or national (i.e. a country’s environment ministry).

Only one national entity can be accredited per developing country. A list of currently accredited institutions can be found on the Adaptation Fund’s website.

Note that entities that prefer to not apply for accreditation have the option of partnering with an institution that is already accredited. For example, implementing entities often partner with smaller local organization to execute activities on the ground.

Financial instruments

Grants

Average time for accessing the source

Accreditation: <20 months for National and Regional Implementing Entities and >25 months for Multilateral Implementing Entities. Time Needed for Project Approval: 12 months for one-step approach and 17 months for two-step approach.

Decision-making information

The Adaptation Fund is supervised and managed by the Adaptation Fund Board (AFB). The Board is composed of 16 members and 16 alternates and holds periodic meetings throughout the year.

The Adaptation Fund Board Secretariat provides research, advisory, administrative, and an array of other services to the Board.

The World Bank is the Adaptation Fund's Trustee.

Monitoring and reporting procedures

Implementing entities are requested to report to the Adaptation Fund on the progress achieved at different stages of project implementation. More information about reporting requirements and formats here.

Information on how to...

Understand steps to access

Access national readiness support

Become an accredited entity

Access small-grant innovation support

Develop strong concept notes and project proposals

Submit a Funding proposal

Climate objective

Adaptation

Sectors and themes

Agriculture, Cities, Disaster risk reduction, Economic Recovery, Energy efficiency, Forestry and Land-Use, Gender, Industry and Infrastructure, Nature-based Solutions and Ecosystem Services, Oceans and Coasts, Renewable Energy, Rural Development, Transport, Waste Management, Water

Type of support provider

Multilateral

Type of recipient

Public entity at the national level, Public entity at the sub-national level, Public entity at the regional level, International organization, Non-profit or civil society organization, Private sector, Community-level organization

Fund size

USD 878 million allocated to climate adaptation activities

Co-financing required

Application timeframe

The Adaptation Fund Board accepts and considers project and program proposals three times a year. The next submission deadline can be found on the calendar, on this website.

Trustee or administrator

World Bank

Contact information

https://www.adaptation-fund.org/

https://www.adaptation-fund.org/contact/

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Adaptation Fund

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