24-27 March, Bonn, Germany 

5th meeting of the Adaptation Fund Board

15-17 December, Bonn, Germany

 4th meeting of the Adaptation Fund Board

1-12 December, Poznan, Poland

At CMP 4/ SBI 29, which was held in Poznań, Poland from 1-12 December 2008, Parties considered the report of the Adaptation Fund Board and adopted a decision ( 1/CMP.4) putting the necessary administrative and legal arrangements in place to allow for the full operationalization of the Adaptation Fund.  In particular, Parties adopted:

•  The rules of procedure of the Adaptation Fund Board
•  Memorandum of understanding between the CMP and the Council of the GEF to provide secretariat services to the AFB
•  Terms and conditions of services to be provided by the World Bank
•  Strategic priorities, policies and guidelines of the Adaptation Fund

Parties also considered how to ensure that developing countries can directly access resources under the Adaptation Fund.  To this effect, Tuvalu submitted a proposal to convey legal personality and authority to sell CERs upon the Adaptation Fund Board. 

After deliberations, Parties agreed that the AFB be conferred with such legal capacity as necessary for the discharge of its functions with regard to direct access.  Following from that decision, such legal capacity would have to be recognized in some domestic jurisdiction and a Party to the Kyoto Protocol would need to take the necessary legal measures for that to occur.

15-18 September, Bonn, Germany

 3rd meeting of the Adaptation Fund Board

16-19 June, Bonn, Germany

2nd meeting of the Adaptation Fund Board

7-18 May, Bonn, Germany

At SBI 28 under agenda item " Other matters", the Group of 77 and China requested information on the status of the operationalization of the Adaptation Fund.  The SBI Chair invited Mr. Richard Muyungi (Tanzania), Chair of the Adaptation Fund Board, to report on the work of the board to implement decision 1/CMP.3.  The SBI took note of, and expressed its appreciation for, the oral report of the Chair of the Adaptation Fund Board.  It also confirmed its support to the board for its work.

26-28 March, Bonn, Germany

1st meeting of the Adaptation Fund Board

 3-14 December, Bali, Indonesia 

At CMP 3/ SBI 27, Parties in  decision 1/CMP.3 decided to establish the Adaptation Fund Board (AFB) as the operating entity to supervise and manage the Adaptation Fund, under the authority and guidance of the CMP.  Parties invited the Global Environment Facility (GEF) to provide secretariat services to the AFB and the World Bank to serve as trustee of the Adaptation Fund on an interim basis. These interim institutional arrangements will be reviewed in 2011.   

The CMP further decided that eligible Parties shall be able to submit their project proposals directly to the AFB and that implementing or executing entities chosen by governments that are able to implement the projects funded under the Adaptation Fund may also approach the AFB directly. 

29-30 November, Bali, Indonesia

Prior to CMP 3, Parties, in accordance with decision 5/CMP.2, paragraph 7, met for informal consultations to exchange views and proposals on, inter alia, institutional arrangements for the Adaptation Fund. 

7-18 May, Bonn, Germany

At SBI 26, Parties noted the submission of the GEF on how it would operationalize decision 5/CMP.2.  The SBI considered views from Parties on eligibility criteria, priority areas and monetization of the share of proceeds for the Adaptation Fund, and agreed on a negotiating text for a draft decision to be completed with, inter alia, elements on institutional arrangements.  The SBI noted a paper prepared by the co-chairs of the contact group convened on the Adaptation Fund containing some points for discussion on institutional arrangements for further consideration by SBI 27.

Nairobi, Kenya

At CMP 2/ SBI 25, Parties considered submissions from relevant international institutions and adopted a decision ( 5/CMP2), which lays out the guiding principles and modalities with which the Adaptation Fund shall operate.  The decision requested the SBI to develop recommendations to CMP 3 with the aim of adopting a decision on the following issues:

• Eligibility criteria
• Priority areas
• Monetizing the share of proceeds
• Institutional arrangements.

It further invited interested institutions to submit their views on how they would operationalize this decision.

18-26 May, Bonn, Germany 

At SBI 24, Parties considered the submissions from Parties and intergovernmental organizations as well as the report of the workshop on the Adaptation Fund.  The SBI prepared a compilation document containing possible elements for a draft decision on the Adaptation Fund,without prejudice to further input by Parties.
The SBI invited relevant international institutions, without prejudice to any institution, to submit further proposals.

3-5 May, Edmonton, Canada 

Responding to a request contained in decision 28/CMP.1, a workshop on the Adaptation Fund was held to promote an exchange of views on further guidance for the operation of the Adaptation Fund.  Following discussions based on submissions from Parties ( Addendum) and submissions from intergovernmental organizations, presentations and background papers, participants discussed various options in detail in break-out groups focusing on institutional arrangements for the management of the Adaptation Fund, share of proceeds and other funding, eligibility and disbursement requirements, and priority areas. 

The workshop report fed into deliberations of th SBI on further guidance for the operation of the Adaptation Fund.

 28 November - 10 December, Montréal, Canada

At CMP 1/ SBI 23, Parties in decision 28/CMP.1 provided initial guidance to an entity entrusted with the operation of the financial mechanism of the Convention, for the operation of the Adaptation Fund.

The decision invited Parties to submit their views on specific policies, programme priorities and eligibility criteria for consideration by SBI 24 and Parties and relevant international organizations to submit their views on possible arrangements for the management of the Adaptation Fund for consideration by SBI 24. It also requested the secretariat to organize, before SBI 24, a workshop to promote an exchange of views on further guidance for the operation of the Adaptation Fund.   

 29 October - 9 November, Marrakech, Morocco

At COP 7/ SBI 15, Parties adopted the Marrakech Accords, which include decision 5/CP.7 on enhancing the implementation of adaptation and decision 10/CP.7 on funding under the Kyoto Protocol.

In decision 10/CP,7, the COP decided that

• An adaptation fund shall be established to finance concrete adaptation projects and programmes in developing country Parties that are Parties to the Protocol, as well as activities identified in paragraph 8 of decision 5/CP.7
• The adaptation fund shall be financed from the share of proceeds on the clean development mechanism project activities and other sources of funding.

Paragraph 8 of decision 10/CP.7 spells out the activities to be funded from the Adaptation Fund:

• Starting to implement adaptation activities promptly where sufficient information is available to warrant such activities, inter alia, 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
• 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.