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Tuesday, April 7, 2009

Adaptation Fund Board Tip Toes Forward

As reported by Climate-L, some progress was made at the fifth meeting of the Adaptation Fund Board in Bonn:

"During the four-day meeting, the AFB agreed on operational policies and guidelines for parties to access resources from the Adaptation Fund, which are based on the strategic priorities, policies and guidelines of the Adaptation Fund adopted by the fourth session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol, held in PoznaƄ, Poland, in December 2008. The Board also agreed to establish two committees - on finance and ethics and on projects and programmes - to support the work of the AFB. The committees’ specific terms of reference and their budgets will be considered at
the AFB’s next meeting in June. Some progress was also reported on a process of selecting a host country to confer the AFB with legal capacity so that it can perform its functions with regard to direct access of parties. Finally, the AFB agreed to its meeting schedule in 2009, and its sixth meeting will take place on
15-17 June 2009, at the same venue."

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