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    • #PlanetWorth

    What you need to know about the Adaptation Fund

    Adaptation finance is a hot-button issue in Paris. It's an even hotter issue for organizations in climate-affected communities that want a share of that funding as soon as possible so they can start protecting livelihoods. Devex spoke with Marcia Levaggi, manager of the Adaptation Fund board secretariat, to find out what makes a successful Adaptation Fund grantee.

    By Michael Igoe // 09 December 2015

    Climate change adaptation is finally front and center in these Paris climate change negotiations.

    Developing countries want to see half of climate finance directed toward adaptation, and they want the initiatives managing those funds to start putting them into implementers' hands.

    The Adaptation Fund is receiving more proposals than ever. Established under the Kyoto Protocol of the United Nations Framework Convention on Climate Change, the fund was supposed to share in proceeds from carbon emissions reduction credits. But when the bottom dropped out on the carbon market, its board had to go looking for other benefactors.

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    About the author

    • Michael Igoe

      Michael Igoe@AlterIgoe

      Michael Igoe is a Senior Reporter with Devex, based in Washington, D.C. He covers U.S. foreign aid, global health, climate change, and development finance. Prior to joining Devex, Michael researched water management and climate change adaptation in post-Soviet Central Asia, where he also wrote for EurasiaNet. Michael earned his bachelor's degree from Bowdoin College, where he majored in Russian, and his master’s degree from the University of Montana, where he studied international conservation and development.

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