Introduction

The LDCF was established to support a work programme to assist Least Developed Country Parties (LDCs) carry out, inter alia, the preparation and implementation of national adaptation programmes of action (NAPAs).

The Global Environment Facility (GEF), as the entity that operates the financial mechanism, has been entrusted to operate this fund.

The COP, at its eleventh session, agreed on provisions to operationalize the LDCF to support the implementation of national adaptation programmes of action (NAPAs).  In particular, the COP provided guidance with regards to priority areas and provisions on full-cost funding and co-financing scale (decision 3/CP.11). 

The Subsidiary Body for Implementation (SBI 26, May 2007) (FCCC/SBI/2007/L.2) recognized the need for the GEF to continue its efforts to mobilize additional resources to support the implementation of NAPAs, and invited Parties and intergovernmental organizations to submit to the UNFCCC secretariat, by 19 September 2008, information on implementation of NAPAs, including on accessing funds from the LDCF. 

The SBI 26 also asked the Least Developed Countries Expert Group (LEG) to consider experiences in accessing funding from the LDCF as one of the issues to be discussed at a stocktaking meeting and report to the SBI.

The SBI decided to continue its deliberations on the LDCF at its twenty-ninth session (December 2008), with a view to preparing an input for COP 14 (December 2008), to enable the COP to assess progress in the implementation of decision 3/CP.11 and consider the adoption of further guidance on the LDCF, taking into consideration:

• The submissions by Parties and IGOs of information on implementation of NAPAs;
• A report by the LEG; and;
• Information to be provided by the GEF in its report to the COP 13 (December 2007).

 3/CP.11: Further guidance for the operation of the LDC fund

 6/CP.9:  Further guidance for the operation of the Least Developed Countries Fund

 8/CP.8:  Guidance to an entity entrusted with the operation of the financial mechanism of the Convention, for the operation of the Least Developed Countries Fund

 28/CP.7: Guidelines for the preparation of national adaptation programmes of action  (see paragraph 4)

 27/CP.7:  Guidance to an entity entrusted with the operation of the financial mechanism of the Convention, for the operation of the least developed countries fund

 7/CP.7:  Funding under the Convention  (see paragraph 6)

 5/CP.7:  Implementation of Article 4, paragraphs 8 and 9, of the Convention (decision 3/CP.3 and Article 2, paragraph 3, and Article 3, paragraph 14, of the Kyoto Protocol)  (see paragraph 12)