Third Adaptation Fund Board Meeting

September 15, 2008 to September 18, 2008

The Adaptation Fund


BONN, Germany, September 15-18 - The Adaptation Fund Board met for the third time to discuss the full range of issues on its agenda and take all the decisions required of it for approval by the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol at its 4th session.

   Adaptation Fund

These decisions, if approved, lay the foundation for the institutional infrastructure necessary for the Fund to be ready for operations in 2009. The Report of the Third Meeting of the Adaptation Fund Board will be published on Monday September 22.

Notes to editors:

The AF has been established by the Parties to the Kyoto Protocol of the UN Framework Convention on Climate Change to finance concrete adaptation projects and programmes in developing countries that are Parties to the Kyoto Protocol.

The Fund will be financed with 2% of the Certified Emission Reduction (CERs) issued for projects of the Clean Development Mechanism (CDM) and with funds from other sources.

For more information:
Maureen Lorenzetti, Media / Spokesperson, GEF, mlorenzetti@thegef.org, Tel.  202-473-8131 .