Adaptation Fund
Loss and Damage due to climate change impacts is already a reality. Not only but most existentially for vulnerable developing countries and communities around the world that have contributed least to the climate crisis. How developing countries can be supported (financially) by the international community in addressing loss and damage has long been a discussion topic in international climate negotiations under the United Nations Framework Convention on Climate Change (UNFCCC).
In this paper, we explore the Fund’s role in the future climate finance architecture, taking into account past and current debates in international climate negotiations. The paper also seeks to inform these debates, particularly discussions related to operating modalities, safeguards, and governance of the Adaptation Fund.