29th Meeting of the Adaptation Fund Board

This meeting will convene in Bonn, Germany. The Adaptation Fund finances projects and programmes that help vulnerable communities in developing countries adapt to climate change. It was established under the Kyoto Protocol of the UNFCCC. The Fund is financed in part by government and private donors, and also from a 2% share of proceeds of Certified Emission Reductions (CERs) issued under the Protocol’s Clean Development Mechanism (CDM) projects.The Fund is supervised and managed by the Adaptation Fund Board, which is composed of 16 members and 16 alternates and convenes meetings throughout the year. The World Bank serves as trustee of the Adaptation Fund on an interim basis.