UNDP, in partnership with the Global Gender and Climate Alliance (GGCA), is producing a series of briefs on gender and climate change finance mechanisms: "Exploring the Gender Dimensions of Climate Finance Mechanisms." Each brief focuses on the role of a climate change finance mechanism in supporting poor women's and men's livelihoods, the status of gender and the specific finance mechanism, as well as steps forward for ensuring the the mechanism is more gender-responsive in the future.
"Established at the 13 Conference of the Parties to the United Nations Framework Convention on Climate Change in 2007, the Adaptation Fund was set up to finance concrete adaptation projects and programmes in developing countries that are particularly vulnerable to the adverse effects of climate change....
In what is being hailed as a breakthrough for a "collective effort" by developed and developing countries, the Adaptation Fund set up by the UN to help poor countries cope with the unfolding impact of climate change has finally become operational.
Last week, the Fund's board approved two adaptation projects, one in Senegal - threatened by sea-level rise, less rainfall and high temperatures - and the other in Honduras, which faces increasing water shortages.
The two projects worth a total of about US$14 mi
World Bank Press Release
In response to news articles regarding the Climate Change Adaptation Fund, the World Bank has issued a statement clarifying its functioning.
In the statement, the World Bank underlines that countries can directly access the Adaptation Fund through a National Implementing Entity (NIE). Alternatively, the Fund can be accessed through a Multilateral Implementing Entity (MIE).
UNDP Press Release
The UN Development Programme (UNDP) is providing planning support to the Solomon Islands Ministry of Environment, Conservation and Meteorology and its partners, in the preparation of a detailed operational and technical implementation plan requested by the Adaptation Fund board.
This report has been prepared in response to decision 1/CMP.3 requesting 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), and covers the period from December 2008 to September 2009. The Chair will report orally to the CMP at its fifth session on activities carried out from September 2009 to December 2009.