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Earth Today | Adaptation Fund Board approves US$63 million in new projects

Published:Thursday | October 24, 2019 | 12:00 AM
Mikko Ollikainen

THE ADAPTATION Fund Board, from which Jamaica has benefited as a developing country doing battle with a changing ­climate, approved more than US$63 million in grant funding for new projects at its 34th meeting recently, including new innovation and project scale-up grants.

This is while also advancing its administrative processes and institutional arrangements to continue to serve the Paris Agreement smoothly. The fund also reached the milestone of 100 approved concrete adaptation projects on the ground.

Among board approvals were the fund’s first grants to foster innovation and project scale-ups in adaptation, which are part of its medium-term strategy launched last year that grounds the fund in the pillars of Action, Innovation, and Learning and Sharing. The new grant windows, which also include learning grants, have been available since last December for the fund’s national implementing entities (NIEs) under its pioneering Direct Access modality which builds country ownership in adaptation. They are available to NIEs in addition to regular project funding channels.

The new grant window projects approved by the board include small innovation grants for Armenia (through its NIE, EPIU) and Chile (through its NIE, AGCID), and one project scale-up grant for Rwanda through its NIE, the Ministry of Environment – totalling about US$560,000.

ENGAGING LEADERS

The Armenia grant is aimed at engaging future leaders through a digital education module on ­adaptation challenges and best practices for youth, while the Chile grant targets improving water access in emergency situations in a vulnerable province of Valparaiso. The Rwanda grant is aimed at ­scaling up aspects of an Adaptation Fund project to reduce climate change vulnerability in northwest Rwanda through community-based adaptation.

The board further approved US$10 million for two innovation ­programmes, which will provide grants to countries that do not yet have Direct Access entities, as well as the private sector to foster ­innovation in several adaptation sectors. These particular grants will be administered by two of the fund’s multilateral implementing entities (UNDP and UN Environment) that will serve to aggregate them with participation of beneficiary ­countries. Each window will receive US$5 million to administer the grants.

Through its concrete project funding process, it approved six concrete adaptation projects totaling over US$52 million in Congo, El Salvador, Georgia, Malawi, the Republic of Moldova, and a regional project in Djibouti, Kenya, Sudan and Uganda.

Among other decisions, the board decided to streamline the way in which project proposals are reviewed and discussed at its meetings to make the review process more efficient as the fund continues to receive record demand for its work. The board has now approved more than US$ 188 million in new project funding this year alone.

It also opted to continue steps to enhance coordination with the Green Climate Fund, including improving efficiency of fast-track accreditation and reaccreditation processes, exploring and advancing options for fund-to-fund arrangements, and enhancing ongoing collaboration.

“The meeting results propel the Adaptation Fund forward. Between concrete projects and the new ­innovation and project scale-up windows, 11 grants were approved for adaptation that will benefit the most vulnerable,” said fund ­manager, Mikko Ollikainen.

“This calendar year has seen the Board allocate a record amount of funding, over US$188 million, which increases the total project portfolio of the fund to nearly US$720 million, and highlights the increasing urgency felt by developing countries in adaptation to climate change. The board further made decisions that will enhance the fund’s processes as we head towards COP25 in Chile later this year,” he added.

Concrete projects approved will build adaptive capacity in Congo River Basin communities, enhance resilience of rural communities and ecosystems in El Salvador, modernise dairy systems in Georgia, enhance livelihoods in Malawi, and food security in the Republic of Moldova, as well as strengthen drought resilience regionally among smallholder farmers in Djibouti, Kenya, Sudan and Uganda.

The board additionally endorsed another 14 project concepts and pre-concepts, and approved ­several project formulation and assistance grants to help in project development.