Stimulus for climate adaptation action and funding

Stimulus for climate adaptation action and funding

A milestone decision for the Adaptation Fund and the vulnerable countries it serves. On the final day of the COP23, member countries of the Kyoto Protocoldecided the Adaptation Fund shall serve the Paris Agreement, in recognition of its concrete work in vulnerable countries, and in compliance with its longstanding goal to formally serve the landmark agreement. Adaptation to a Changing Climate is a priority for the Middel East and North Africa (MENA) region. The Egyptian Minister of Environment, attending the COP, stressed  that climate adaptation strategies and funds are among Egypt’s priorities. A Jordanian delegation headed by Minister of Environment Yaseen Khayyat, underlined the need for “clearer” financing methods for adaptation projects, in addition to stronger pledges from donor countries.  

As adaptation needs have grown with rising seas, increasing floods, droughts and intense storms, demand has risen rapidly. Just this year the Adaptation Fund received a record of 54 project proposals valued at US$ 350 million. The fund has set US$ 80 million as its resource mobilization target for 2017, and so far has decided to fund more than US$ 104 million in new proposals.  Michael Kracht, Chair of the Adaptation Fund Board, said: “Through a country-led, inclusive stakeholder engagement process, many projects are breaking ground in adaptation and producing models that can be scaled up by others.” Since its operations were launched 10 years ago, the Adaptation Fund has allocated more than US$ 460 million to 70 projects in vulnerable communities of 58 developing countries, benefiting nearly 5.5 million direct beneficiaries. Through its Direct Access modality the fund  empowers countries to build national capacities to adapt to climate change.

Launch of new tools supporting adaptation action. Two new tools are now available on  Adaption Community website. The Tool for Assessing Adaptation in the NDCs (TAAN) is an interactive knowledge platform that aims to provide detailed information on adaptation in the Nationally Determined Contributions (NDCs). A Quick Facts section provides answers to relevant questions about the adaptation components of NDC’s, while a Country Information section, with an interactive World Map, allows to access country-specific information. The NDC Adaptation Toolbox offers various instruments to facilitate the development and implementation of adaptation measures towards the achievment of NDC adaptation goals. It comprises two cross-cutting enabling factors, namely “Governance and Institutions” and “Capacity Building”,  in addition to a section on National Adaptation Plans (NAPs), illustrating NAP Country Case Studies..

Resources: Addressing agriculture, forestry and fisheries in national adaptation plans – FAO (2017) | Adaptation Fund – 10 Years of Innovation, Action and Learning | Climate Adaptation In African Cities High On Corruption | NDC Adaptation Toolbox  | Tool for Assessing Adaptation in the NDCs (TAAN) | Green Climate Fund (GCF) | Special Climate Change Fund