[VIDEO] Adaptation Fund Year in Review, FY 2021

The Adaptation Fund’s climate response is growing, as the AF continued to help climate-vulnerable developing countries adapt to climate change over the last fiscal year, and build broader resilience to the COVID-19 pandemic. In response to the climate urgency and to further serve the Paris Agreement, it expanded its funding windows beyond its traditional concrete projects to offer additional adaptation programmes to countries in project scale-up, innovation, learning and Enhanced Direct Access. Its Board also doubled the amount of funding countries can access for single-country concrete projects, and doubled the number of national implementing entities countries can have under its pioneering Direct Access modality to further expand country ownership and capacity in adaptation.