Adaptation-fund : Demand for Funding from Adaptation Fund Reaches Record High of US$ 208.6 Million

 

 

Washington, D.C. (August 8, 2016) – The Adaptation Fund has received 31 concept and project proposals to be considered at the 28th meeting of the Adaptation Fund Board (AFB) in October. The requested funding reached a new record since the Fund started receiving project proposals, as the total amount of new proposals in the latest submission period adds up to US$ 208.6 million.

 

The previous record in requested funding (US$ 206.5 million) was made a year ago, before the 26th meeting of the AFB. “The Adaptation Fund Board is very delighted to see that the demand for Adaptation Fund funding remains consistently high. This again demonstrates the urgency of adaptation investments in developing countries and highlights the need for increasing the share of adaptation financing in the face of the upcoming climate negotiations at COP22 in Morocco in November,” said Naresh Sharma, Chair of the Adaptation Fund Board.

 

“The record high amount of requested funding and second largest number of proposals send a strong signal. It also shows that the Adaptation Fund has an important role in addressing the large existing gap in adaptation finance available for developing countries and contributing to the operationalization of the Paris Agreement,” said Marcia Levaggi, Manager of the Adaptation Fund Board Secretariat.

 

The 19 single-country proposals received totalling US$ 111.1 million include nine fully developed proposals and 10 concept proposals. Two National Implementing Entities of the Fund, the Ministry of Finance and Economic Cooperation of the Federal Democratic Republic of Ethiopia (MoFEC) and the Partnership for Governance Reform in Indonesia (Kemitraan), are proposing projects for the first time. MoFEC’s US$ 9.98 million fully developed project proposal for a “Climate Smart Integrated Rural Development Project” is composed of climate resilient integrated water management, climate-smart integration of agriculture, land, water and forest, and capacity building components. Kemitraan’s concept proposal for a US$ 9.87 million food security project aims at building climate resilience of coastal and small island communities through applying smart adaptive measures and improving policy and institutional coordination.

 

Of the 12 regional project proposals, four are fully-developed proposals, which is another all-time high for the Fund in terms of regional proposals received at any one time. Three of them are from Multilateral Implementing Entities, namely UNEP, UNESCO and WMO, and one from CAF, a Regional Implementing Entity. In total, there are 12 regional project proposals with the requested funding amounting to US$ 97.5 million.

 

This is also the first time there is a project proposal directly building on a completed Adaptation Fund project. The UNDP’s fully developed proposal for a US$ 4.4 million multi-sector project “Ecosystem-Based Adaptation at Communities of the Central Forest Corridor in Tegucigalpa” builds on a previous Adaptation Fund project implemented by the UNDP in Honduras. The completed Honduras project included an overarching intervention to mainstream climate change considerations into water sector policies and piloted comprehensive sustainable land use practices.

 

All the proposals are available online for public review and comment before the secretariat completes the screening and technical review process. Public comments are welcome and should be sent to afbsec@adaptation-fund.org by August 29, 2016 at the latest. The Adaptation Fund Board will decide at its next meeting October 6-7, 2016 in Bonn, Germany, whether to endorse the concepts and approve the fully developed proposals.


 

Pour d’amples informations, bien vouloir consulter: ICI

Go back

CBFP News

WWF: Rainforest deforestation more than doubled under cover of coronavirus -DW

Tropical rainforests shrank by 6,500 square kilometers in March — an area seven times the size of Berlin. Criminal groups are taking advantage of the pandemic and the unemployed are getting desperate, the WWF said.

Read more …

Nouabalé-Ndoki National Park Monthly update April 2020

"At a time when many countries are beginning their gradual deconfinement and when there is a glimmer of hope on the horizon of returning to normal life, I wanted to share with you some good news that also fills us with hope for the future of the Nouabalé-Ndoki National Park."

Read more …

Resources and follow-up from the virtual FAO-EcoAgriculture Partners Roundtable

Last April 30th FAO and EcoAgriculture Partners organized a virtual Roundtable on Territorial Perspectives for Development, in which over 170 people participated.

Read more …

ATIBT -CBFP: Private Sector mobilized around the CBFP Facilitator of the Federal Republic of Germany

ATIBT co-facilitated the mobilization of the private sector of the timber sector to participate in the first meeting of the private sector college of Congo Basin Forest Partnership with the new facilitator Dr Christian Ruck and his team German Facilitation.

Read more …

Development and institutionalization of a PAFC certification system for the Congo basin: opening of the second public consultation on Sustainable Forest Management Certification Standard, 23 May 2020 - 22 June 2020

This second public consultation will be open for a period of 30 days from tomorrow Saturday the 23rd of May 2020 and will be closed on Monday the 22nd of June 2020. The public consultation is open to all stakeholders of forest management in the Congo Basin interested in participating to the PAFC Congo Basin certification standards development process.

Read more …

Forest defenders on the COVID-19 frontline stand ready to assist the global EU response – Fern

These efforts go hand in hand with ensuring continued responsible management of natural resources and preventing unsustainably and illegally sourced forest commodities. In the Democratic Republic of Congo, forest-monitoring organisations Observatoire de la Gouvernance Forestière (OGF) and Réseau des observateurs indépendants des ressources naturelles (RENOI) are set to carry out COVID awareness-raising in at-risk forest areas, and will also assess COVID’s impact on forest management and governance commitments under the Central African Forest Initiative (CAFI). Across the Congo Basin, fears that a proper lack of oversight may put forests and forest peoples in danger are looming despite emerging initiatives.

Read more …

22 May 2020 International Day for Biological Diversity

The theme of the 2020 International Day for Biological Diversity is “Our Solutions are in Nature”. It shows that "Biodiversity remains the answer to a number of sustainable development challenges that we all face. From nature-based solutions to climate, to food and water security, and sustainable livelihoods, biodiversity remains the basis for a sustainable future."

Read more …

CBFP News Archive

2024

There are no news items for this period.