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Download Funding for Adaptation as of November 2006
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Funding for Adaptation as of November 2006 Saleemul Huq International Institute for Environment and Development (IIED) Adaptation Funds • Under UNFCCC – Least Developed Countries Fund (LDCF) – Special Climate Change fund (SCCF) • Under Kyoto Protocol – Adaptation Fund (AF) • Others – Special Pilot on Adaptation (SPA) Least Developed Countries Fund • Agreed at COP7 (Marrakech Accords) • Only LDCs are eligible • Based on voluntary contributions from rich countries • Managed by GEF • Initial funding to all LDCs to carry out National Adaptation Plans for Action (NAPAs) • Total funds pledged: approx 100 Million Dollars • Procedures for applying for project funding agreed • Countries can apply for funding priority projects (identified in their completed NAPAs) Special Climate Change Fund • Agreed at COP7 ( Marrakech Accords) • All eligible countries eligible • Based on voluntary contributions from rich countries • Funds pledged: Approx 400 Million Dollars • Activities eligible include: – – – – Adaptation (top priority) Mitigation Technology Transfer Economic Diversification Adaptation Fund • Under Kyoto Protocol • Based on “Adaptation Levy “ on CDM Projects (2% of CERs) • Discussed (but not resolved) at COP/MOP1 • On Agenda for COP/MOP2 (Nairobi) Special Pilot on Adaptation • • • • • From GEF Trust Fund 50 Million Dollars over 3 years All developing countries are eligible GEF rules on “global benefits” apply Already funding activities in a number of developing countries countries Bilateral funders • Canada (CIDA): Climate Change Fund • UK (DFID): Climate Change Adaptation in Africa • Sweden (Sida): Funding some activities on climate change in selected developing countries • Denmark (Danida):