Financing opportunities

 Adaptation Fund (AF) 




Finance concrete adaptation projects and programmes in developing countries that are parties to the Kyoto Protocol and are particularly vulnerable to the adverse effects of climate change.


Cross Sectoral; Food Security; Agriculture; Fisheries; Livestock; Land Management; ; Food processing; Sustainable Livelihoods; Livelihood Diversification; Agroforestry; Breeding; Marine Resources; Coastal Zones; Restoration and Protection of Coastal Ecosystems; Biodiversity; Restoration of Coastal Reefs and Mangrove Vegetation; Coastal Zone Management; Marine Ecosystems; Disaster Management; Early Warning System; Institutional Strengthening; Meteorological Services; Forecasting System; Climate Monitoring; Data Collection/ Climate Information; Public Awareness; Education; Capacity Building; Institutional Framework; Healthcare Centers; Prevention and control of disease vectors; Climate change related Diseases; Public Health; Emergency Plans; Water Quality and Sanitation; Climate Proofing ;Sanitation; Urban Infrastructure; Rehabilitation; Research and Development of Infrastructure; Infrastructure Design; Relocation; Legislation and Regulations; Infrastructure Protection; Climate Insurance Program; Forest Ecosystems; Biodiversity; Land rehabilitation and Protection; Ecosystems Management; Erosion Control; Restoration; Ecotourism; Water Management; Water Resource Development; Control of Water Pollution; Water Supply; Irrigation.

Eligible organisations:

Public and private sector, through implementing entities.

Eligible Projects or Programmes:

Water resources management, land management, agriculture, health, infrastructure development, fragile ecosystems; Improving the monitoring of diseases and vectors affected by climate change, and related forecasting and early-warning systems, and in this context improving disease control and prevention; Supporting capacity building, including institutional capacity, for preventive measures, planning, preparedness and management of disasters relating to climate change; Strengthening existing and, where needed, establishing national and regional centres and information networks for rapid response to extreme weather events, utilising information technology as much as possible.

Proposal/Application requirements:

Developing countries must be Parties to the Kyoto Protocol and must be particularly vulnerable to the adverse effects of climate change. This includes: low-lying coastal and other small island countries, countries fragile mountainous ecosystems, arid and semi-arid areas, and areas susceptible to floods, drought and desertification.
Country allocation also takes into account the Strategic Priorities, Policies and Guidelines of the Adaptation Fund, specifically: Level of vulnerability to climate change; Level of urgency and risks arising from delay of action; Ensuring access to the fund in a balanced and equitable manner; Lessons learned in project and programme design and implementation to be captured; Securing regional co-benefits to the extent possible, where applicable; Potential for maximising multi-sectoral or cross-sectoral benefits; Adaptive capacity to the effects of climate change; Potential for learning lessons in project and programme design and implementation. LDCs that are unable to access the Least Developed Countries Fund (LDCF) will also be given priority to AF funds.

Proposal evaluation criteria:

In assessing project and programme proposals, the Adaptation Fund Board shall give  particular attention to: (a) Consistency with national sustainable development strategies, including, where appropriate, national development plans, poverty reduction strategies, national communications and national adaptation programmes of action and other relevant instruments, where they exist; (b) Economic, social and environmental benefits from the projects; (c) Meeting national technical standards, where applicable; (d) Cost-effectiveness of projects and programmes; (e) Arrangements for management, including for financial and risk management; (f) Arrangements for monitoring and evaluation and impact assessment; (g) Avoiding duplication with other funding sources for adaptation for the same project activity; (h) Moving towards a programmatic approach, where appropriate.

How to Apply:

Project proposals must be submitted through one of the implementing entities listed on the website (national, sub-regional, regional or multilateral).
Small-size projects and programmes undergo a one-step approval process: 1. Applicants must submit a full proposal (complete with budget and timeframe) at least nine (9) weeks before a scheduled Board meeting. Applications are reviewed throughout the year on a rolling basis and can be submitted using the template material provided on the website.

Funding limit for individual projects:

No information about limit, however the total amount of the fund is between USD 250-350 million.