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Fri, 11 Dec 2009 19:12:00

Adaptation Fund

Adaptation Fund is climate investment fund established to finance concrete adaptation projects and programmes in developing countries that are Parties to the Kyoto Protocol.
The Adaptation Fund is supervised and managed by the Adaptation Fund Board (AFB), composed of 16 members and 16 alternates and meets at least twice a year.

Upon invitation from Parties, the Global Environment Facility (GEF) provides secretariat services to the AFB and the World Bank serves as trustee of the Adaptation Fund on an interim basis. These interim institutional arrangements will be reviewed in 2011.  

The overall goal of all adaptation projects and programmes financed under Adaptation Fund is to support adaptation activities that reduce the adverse effects of climate change facing communities, countries, and sectors.

Activities Supported
The activities supported by the adaptation fund include the following:
  • Adaptation activities, where sufficient information is available to warrant such activities, in the areas of water resources management, land management, agriculture, health, infrastructure development, fragile ecosystems, including mountainous ecosystems, and integrated coastal zone management;
  • 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, including contingency planning, in particular, for droughts and floods in areas prone to extreme weather events; and
  • Strengthening existing and, where needed, establishing national and regional centres and information networks for rapid response to extreme weather events, utilizing information technology as much as possible.
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