At its 15th meeting, the Adaptation Fund Board (AFB) decided to accredit the African Development Bank (AfDB) as a Multilateral Implementing Entity, and the Protected Areas Conservation Trust (PACT) of Belize as a National Implementing Entity.
14 November 2011: The Adaptation Fund has released the report of the 15th meeting of the Adaptation Fund Board (AFB), which was held from 15-16 September 2011, in Bonn, Germany. At the meeting, the AFB discussed issues related to accreditation of Regional Implementing Entities (RIE) and National Implementing Entities (NIE), as well as the application of a cap on funding for projects proposed by Multilateral Implementing Entities (MIE).
The AFB asked the Ethics and Finance Committee (EFC) and the Project and Programme Review Committee (PPRC) to take up the issue of the cap on funding for projects proposed by MIEs to consider the cumulative effects of a cap on funds available to the Adaptation Fund, and the action to be taken when the cap is exceeded.
The AFB decided to accredit the African Development Bank (AfDB) as a MIE, and the Protected Areas Conservation Trust (PACT) of Belize as a NIE. Additional NIEs were not accredited. The AFB considered issues related to the PPRC. Proposals were considered related to: Marine Conservation and Climate Adaptation Initiative (Belize); Strengthening the Resilience of our Islands and our Communities to Climate Change (Cook Islands); Preparing the Lake Nasser Region as a Climate Adaptation Hub (Egypt); Developing Climate Resilient Flood and Flash Flood Management Practices (Georgia); Promoting Climate Resilience in the Rice Sector (Madagascar); Support for Adaptation Mopti and Timbouctou (Mali); Enhancing Food Security (Mauritania); Adaptation Programme in the Coastal Zone (Mauritius); Enhancing Capacity of Communities to Climate Change-related Floods (Papua New Guinea); and Enhancing Resilience of Coastal Communities (Samoa).
Of the concept notes and project proposals submitted, only the proposal from Mauritius was approved. Related to the EFC, the AFB decided to: entrust the evaluation function to the GEF Evaluation Office for an interim three-year period; approve the Evaluation Framework and request its dissemination. The AFB continued to consider the potential for a country cap in the context of regional projects/programmes. The ABD took note of the report on the funds available to support new AFB funding decisions, which amounted to US$174.09 million as of August 2011.
The meeting was the first for two new Board members who had been appointed during the intersessional period, He Szheng (China) and Monowar Islam (Bangladesh).
The AFB decided that the 16th meeting of the AFB would be held in Durban, South Africa, from 12-14 December 2011; that the 17th meeting of the AFB would be held in Bonn, Germany, from 14-16 March 2012; the 18th meeting of the AFB would be held in Bonn, Germany, from 20-22 June 2012; and the 19th meeting of the AFB would be held in Bonn, Germany, from 12-14 September 2012. The AFB also decided to maintain its dialogue with civil society, which will be held on 11 December 2011, in Durban, South Africa. [Publication: Report of the Fifteenth Meeting of the Adaptation Fund Board]