The Future Role of the Adaptation Fund in the International Climate Finance

The document argues that the Adaptation Fund is a unique and essential part of the international climate finance architecture that requires improved operating modalities to enhance climate resilience. It specifically highlights the insufficiency of the Clean Development Mechanism (CDM) as a funding source and recommends exploring links to Article 6 of the Paris Agreement alongside diverse new revenue streams like national ETSs and carbon taxes.

• The Adaptation Fund serves a unique role in the global response to climate change due to its specific mandate, specialisation, and innovative features, which can help improve the quality of adaptation finance.
• Historically, the share of proceeds from the Clean Development Mechanism (CDM) was significant, but it is no longer enough to meet current or future financial requirements.
• To ensure reliable funding, the paper recommends that Parties investigate a link with Article 6 of the Paris Agreement and pursue diverse funding sources, including carbon taxes, earmarked proceeds from national Emissions Trading Systems (ETSs), a potential levy on maritime emissions, and increased governmental contributions.

APA

NewClimate Institute (2018). The Future Role of the Adaptation Fund in the International Climate Finance. http://www.newclimate.org/resources/publications/the-future-role-of-the-adaptation-fund-in-the-international-climate-finance

Chicago

NewClimate Institute. The Future Role of the Adaptation Fund in the International Climate Finance. 2018. http://www.newclimate.org/resources/publications/the-future-role-of-the-adaptation-fund-in-the-international-climate-finance.

Wikipedia

{{cite report |author=NewClimate Institute |title=The Future Role of the Adaptation Fund in the International Climate Finance |date=12 October 2018 |url=http://www.newclimate.org/resources/publications/the-future-role-of-the-adaptation-fund-in-the-international-climate-finance |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{newclimateinstitute2018future, author = {{NewClimate Institute}}, title = {{The Future Role of the Adaptation Fund in the International Climate Finance}}, institution = {NewClimate Institute}, year = {2018}, month = oct, url = {http://www.newclimate.org/resources/publications/the-future-role-of-the-adaptation-fund-in-the-international-climate-finance}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }