The Adaptation Fund was established to finance concrete adaptation projects and programmes in developing countries that are Parties to the Kyoto Protocol.  The Fund is to be financed with a share of proceeds from clean development mechanism (CDM) project activities and receive funds from other sources. The share of proceeds amounts to 2% of certified emission reductions (CERs) issued for a CDM project activity. The developing country Parties to the KP that are particularly vulnerable to the adverse effects of climate change are eligible for funding to assist them in meeting the costs of adaptation. The fund will finance concerete adaptation projects and programmes that are country driven and are based on the needs, views and priorities of eligible Parties.

Extensive information how applying for funding through the Adaptation Fund may be found on the How To Apply page. Additional information regarding the eligibility criteria for programmes, as well as criteria for review and approval may be found in the document Operational Policies and Guidelines to Access Resources from the Adaptation Fund (517 kB) . Additional information regarding the priorities of the Adaptation Fund and the criteria applied when the Adaptation Fund assignes priority to projects may be found in the document Draft Strategic Priorities, Policies and Guidelines of the Adaptation Fund.

• Adaptation Fund webpage   
• UNFCCC webpage on AF