The Adaptation Fund (AF) was established in 2001 to finance concrete adaptation projects and programmes in developing country Parties to the Kyoto Protocol that are particularly vulnerable to the adverse effects of climate change. The Adaptation Fund is financed with a share of proceeds from the Clean Development mechanism (CDM) project activities and other sources of funding.
Parties seeking financial resources from the Adaptation Fund must submit their project and programme proposals through accredited National, Regional, or Multilateral Implementing Entities which are listed on the Adaptation Fund website. Proposals are accepted three times a year: twice before the biannual Adaptation Fund Board meetings and once during an intersessional review cycle. For more information and application dates, visit the Adaptation Fund website.