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 2018 to 30 June 2019. An addendum, which covers the period from 1 July 2019 to 11 October 2019, will be issued after the 34^th meeting of the Adaptation Fund Board. The addendum will contain the Board’s report prepared in response to the mandate contained in paragraph 6 of decision 1/CMP.14 requesting the Board to consider the rules of procedure of the Board, the arrangements of the Adaptation Fund with respect to the Paris Agreement and any other matter so as to ensure the Adaptation Fund serves the Paris Agreement smoothly; to consider the implications of the Adaptation Fund receiving the share of proceeds from activities under Articles 6, 12 and 17 of the Kyoto Protocol when the Adaptation Fund serves the Paris Agreement; and to make recommendations to CMP 15 with a view to the recommendations being forwarded to the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA) for consideration at its second session. The Chair of the Board will report orally to CMP 15 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. The report contains, inter alia, information on decisions and actions taken by the Adaptation Fund Board to be noted by the CMP and the CMA, as appropriate.