Adaptation Fund-1

▪️The Adaptation Fund is an international fund that finances projects and programs aimed at helping developing countries to adapt to the harmful effects of climate change.

▪️It is set up under the Kyoto Protocol of the United Nations Framework Convention on Climate Change (UNFCCC).

▪️The Adaptation Fund is managed by the Adaptation Fund Board (AFB).

▪️The secretariat of the Adaptation Fund Board provides research, advisory, administrative, and an array of other services to the Board, and consists of an international staff based in Washington, DC.

▪️The World Bank serves as the trustee of the Adaptation Fund.