Least Developed Countries Fund (LDCF)
The Least Developed Countries Fund (LDCF) finances the preparation and implementation of NAPAs in response to urgent and immediate adaptation needs in least developed countries.
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.
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.
- Accessing Resources Under the Least Developed Countries Fund
- LDCF Project Highlights
- Progress Report on the LDCF and the SCCF
- Status Report on the LDCF and the SCCF