Page 10 - GIZ CAFRI Report

The Adaptation Fund (AF) was established under the Kyoto Protocol of the UN Framework Convention on Climate
Change. It was established in 2001 at the 7th Conference of the Parties (COP 7) to the UNFCCC in Marrakech,
Morocco and was ocially launched in 2007. e Fund aims to nance projects and programs to help developing
countries to adapt to the challenges posed by climate change. e Fund is nanced by donations of public and private
sector and 2 % share of proceeds of Certied Emission Reductions (CERs) issued under the Clean Development
Mechanism (CDM) projects. Since 2010, the Adaptation Fund has committed US$ 878 million to projects and
programmes to date, including 127 concrete projects.

NABARD was accredited as National Implementing Entity (NIE) in July, 2012 for accessing resources under Adaptation
Fund for India. It is entrusted with overall project screening, implementation, monitoring and fund distribution of the
AFB projects in India. NABARD aims to deploy AF resources to address the needs of building adaptation capacity and
enhance resilience of the vulnerable communities and ecosystems in India. So far, 8 projects sanctioned under this
mechanism including 2 Learning Grant Proposals.

Sanctioned 8 Projects

9.935 Million USD

Sectoral Distribution

Water Management Costal Resource
Management

14%
7%

Ecosystem Conservation and
Livelihoods Food Security
25% 28%

26%

Agriculture