Following the discussion, the Board decided:

(a) To adopt the revised draft Memorandum of Understanding between the Adaptation Fund Board and Implementing Entities for the management of Projects and Programmes financed by the Adaptation Fund, as orally amended. The Memorandum of Understanding is attached to the present report as Annex IV; and

(b) To request the Chair to send a letter requesting the eligible Parties to the Kyoto Protocol to appoint a designated authority and to communicate its appointment to the secretariat. The designated authority would endorse the nomination of a National Implementing Entity, and the project and programme proposals on behalf of the Government. The Board expects the letter appointing the designated authority be signed by the competent Minister.