Least Developed Countries Fund (LDCF)
The LDCF finances the preparation and implementation of NAPAs in response to urgent and immediate adaptation needs in LDCs
The LDCF was established to address the special needs of the Least Developed Countries (LDCs) under the Climate Convention. Specifically, the LDCF was tasked with financing the preparation and implementation of National Adaptation Programs of Action (NAPAs). NAPAs use existing information to identify a country’s priorities for adaptation actions.
Consistent with the findings of the NAPAs, the LDCF focuses on reducing the vulnerability of those sectors and resources that are central to development and livelihoods. These sectors include: water; agriculture and food security; health; disaster risk management and prevention; infrastructure; and fragile ecosystems. In addition, NAPA implementation projects under LDCF are designed entirely in accordance with country priorities and executed by national stakeholders, and involving active participation of vulnerable communities.
Facts and Figures
Currently, 51 least developed countries (LDC) have accessed $12.20 million in support of the preparation of their National Adaptation Programmes of Action (NAPA). Cape Verde and Maldives have since graduated from LDC status. In December 2012, South Sudan officially became recognized as an LDC.
Of the 50 countries that had completed their NAPAs, 48 have accessed a total of $726.25 million for 138 country projects that address urgent and immediate adaptation needs. To date, cumulative pledges to the LDCF amount to $878.9 million, of which $829.5 million have been paid.
Some 69 per cent of LDCF financing has been directed towards LDCs in Africa, while LDCs in Asia and the Pacific have accessed some 28 percent of the total resources approved. The regional distribution of LDCF programming reflects the distribution of LDCs, 68 percent of which are located in Africa. The 12 LDCs that are also Small Island Developing States (SIDS) have recieved some 20 percent of total approvals.
Accessing LDCF Resources
At its 16th meeting in Cancun, Mexico, the COP adopted a decision providing further guidance for the operation of the Least Developed Countries Fund. Further to this decision, the SBI requested the Least Developed Countries Expert Group (LEG) to discuss with the Global Environment Facility (GEF) and its agencies: ways to further improve access to funds from the LDCF, the disbursement of funds, the design of implementation strategies for NAPAs using a programmatic approach, ways to best communicate co-financing requirements under the LDCF, and remaining challenges faced by least developed country Parties in working with GEF agencies, during the first meeting of the LEG in 2011.
In response to this guidance, the GEF Secretariat has, among other things, developed a user-friendly guide on how to access LDCF resources.
- Accessing Resources Under the Least Developed Countries Fund
- LDCF Project Highlights
- Joint Evaluation of the LDCF
- Progress Report on the LDCF and the SCCF
- Status Report on the LDCF and the SCCF