Adaptation Fund

Summary

The Adaptation Fund is a financial instrument under the UNFCCC and its Kyoto Protocol (KP) and has been established to finance concrete adaptation projects and programmes in developing country Parties to the KP, in an effort to reduce the adverse effects of climate change facing communities, countries and sectors. The Fund is financed with a share of proceeds from Clean Development Mechanism (CDM) project activities as well as through voluntary pledges of donor governments. The share of proceeds from the CDM amounts to 2% of Certified Emission Reductions (CERs) issued for a CDM project activity.

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 Details on our Data

  • Latest confirmation received from Fund Managers: June, 2014. Contributions data is as of March 31, 2014. Project data is as of June 2, 2014.
  • The Adaptation Fund reports to have received a contribution of US$1.25 million from the ICF-UK. While ICF-UK reports this contribution to be approximately US$15.69 million (GBP 10 million).
  • The Adaptation Fund was originally comprised of two main funds: the Administrative Trust Fund and the Adaptation Fund Trust Fund. For administrative reasons, the Administrative Trust Fund was closed down in June 30, 2010, with a remaining unused balance of US$ 0.7 million. Five donors (Finland, France, Japan, Norway and Switzerland) decided to pledge their funding to the Adaptation Fund Trust Fund, while three (Denmark, Netherlands and Australia) decided to have it transferred to their Donor Balance Accounts maintained by the World Bank. This explains why these three countries are listed as contributors.