This report has been prepared in response to the request in decision 1/CMP.3 for 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). It provides information covering 1 July 2021 to 30 June 2022 on, inter alia, progress with respect to the Adaptation Fund, in particular on the implementation of tasks mandated by the CMP, and decisions and action taken by the Adaptation Fund Board to be noted by the CMP and the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement, as appropriate. An addendum, covering 1 July to 12 October 2022, will be issued after the 39^th meeting of the Adaptation Fund Board.