Accessing the Adaptation Fund for the ACCCRN countries & cities
Further thought piece following on from Fern's blog on the Adaptation Fund Contact Group Meeting at COP 17 and the two comments I added on this topic.
Investigating why two of the ACCCRN countries have yet to apply for access to the Adaptation Fund (AF), I came across a mis-conception that the funds are only available for Least Developed Countries countries and the perspective that there is a small chance that the ACCCRN country would be successful in obtaining these funds.
To date, a large amount of the Adaptation Funds have been channeled mainly through multilateral implementing entities (MIEs) such as UNDP. However, a 50% cap on proposals from all MIEs has been proposed. This would open up direct access of the AF by National and Regional Implementing Agencies.
The approval of this proposal will open up opportunities for existing national trust and foundations in the ACCCRN countries to seek accreditation to be a national implementing entity and access direct funding to support local level adaptation interventions e.g. organizations similar to the Thailand Research Fund.