This report has been prepared in response to decision 1/CMP.3 requesting the Adaptation Fund Board to report on its activities at each session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol (CMP), and covers the period from 1 July 2017 to 30 June 2018. An addendum, which covers the period from 1 July 2018 to 12 October 2018, will be issued after the 32^nd meeting of the Adaptation Fund Board. The Chair of the Board will report orally to CMP 14 on activities carried out after the reporting period. The report provides information on progress made with respect to the Adaptation Fund, in particular on the implementation of tasks mandated by the CMP, and recommends actions to be taken by the CMP, as appropriate. The report contains, inter alia, information on decisions and actions taken by the Adaptation Fund Board to be noted by the CMP.