– Climate Finance Boosts Global Adaptation Efforts
– Increased Funding for Developing Nations’ Climate Resilience
– Adaptation Fund Enhances Support for Vulnerable Communities
The Adaptation Fund Board has approved a record-breaking $137 million for new climate adaptation projects, marking the highest funding allocation in its history. This decision, made during the 44th Board meeting held on April 10–11, 2025, also includes doubling the per-country funding cap from $20 million to $40 million, enabling nations to undertake more comprehensive climate resilience initiatives.
The increased funding aims to support developing countries in implementing concrete adaptation projects that address climate change impacts. By enhancing financial support, the Adaptation Fund seeks to empower vulnerable communities, promote sustainable development, and strengthen global efforts to combat climate-related challenges.