Adaptation Fund

About the Adaptation Fund

The Adaptation Fund (AF) was established in 2001 to finance concrete adaptation projects and programmes in developing country Parties to the Kyoto Protocol that are particularly vulnerable to the adverse effects of climate change.

The Adaptation Fund is financed with a share of proceeds from the clean development mechanism (CDM) project activities and other sources of funding.  The share of proceeds amounts to 2 per cent of certified emission reductions (CERs) issued for a CDM project activity.

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In decision 1/CMP.8, Parties decided that for the second commitment period, the Adaptation Fund shall be further augmented through a 2 per cent share of the proceeds levied on the first international transfers of AAUs and the issuance of ERUs for Article 6 projects immediately upon the conversion to ERUs of AAUs or RMUs previously held by Parties.

Information provided in this module

The information provided in this module relates to projects and programmes approved by the AF Board. The information is retrieved directly from the AF website without further amendments or modification by the UNFCCC secretariat.

Further information

More information about AF Projects and Programmes is available here. The AF website also includes further information on:

Detailed information on a project level;
South-South Cooperation Grants;
Technical Assistance Grants;
Endorsed Concepts;
Project Performance and Reporting;
Proposals and Concepts under Review;
Pipeline Projects and Programmes;
Project Sectors; and
Mechanisms for Handling Complaints.