Quick Guide to Climate Change Adaptation Funds

The USAID Adapt Asia-Pacific Quick Guide to Climate Change Adaptation Funds is an easy to follow collection of 10 multilateral and bilateral climate funds and initiatives currently available for financing adaptation activities in developing countries. Unlike other guides that provide lengthier descriptions, we have presented here only the need-to-know, essential bits of information. This Quick Guide provides key facts about individual funds, such as eligibility criteria, target areas, and, importantly, the mechanisms that will ultimately help you gain access and approval. Developed by our team of climate finance experts, the Quick Guide includes “Tips by USAID Adapt Asia-Pacific” with bite-size, handy information on how to get your projects funded. These tips are based on our on-ground experience working with country officials, implementing agencies and fund managers.

The Quick Guide is also available as a PDF here.

Fund name Fund objectives Fund type Funds Pledged Eligible countries Type of support provided Fund website
The Adaptation Fund (AF) Adaptation Multilateral USD 639.10 million

All developing countries that are Parties to the Kyoto Protocol.

Grants [Link]
The Least Developed Countries Fund (LDCF) Adaptation Multilateral USD 1,188.6 million

All Least Developed Countries

Grants [Link]
The Special Climate Change Fund (SCCF) Adaptation, Mitigation Multilateral USD 351.28 million

All developing countries that are Parties to the UNFCCC

Grants [Link]
Pilot Program for Climate Resilience (PPCR) Adaptation Multilateral USD 1,200 million

Those countries that are eligible for official development assistance according to the OECD with an active in-country multilateral development bank program. Priority is given to vulnerable Least Developed Countries, including Small Island Developing States.

Co-financing, Concessional loans, Grants [Link]
Global Climate Change Alliance (GCCA) Adaptation, Mitigation, REDD+ Multilateral US 326.15 million

Least Developed Countries and Small Island Developing States that are recipients of official development assistance

Grants [Link]
Nordic Development Fund (NDF) Adaptation, Mitigation Multilateral EUR 1,021.4 million

27 low-income and lower middle income countries in Africa, Asia and Latin America. Eligible countries in Asia include Bangladesh, Cambodia, Kyrgyz Republic, Lao PDR, Maldives, Mongolia, Nepal, Pakistan, Sri Lanka, and Vietnam

Grants [Link]
Nordic Climate Facility (NCF) Adaptation, Mitigation Multilateral EUR 26.90 million

21 low-income countries in Africa, Asia and Latin America. Eligible countries in Asia include Bangladesh, Cambodia, Lao PDR, Nepal, Sri Lanka, and Vietnam.

Grants [Link]
International Climate Initiative (ICI) Adaptation, Biodiversity, Mitigation, REDD+ Bilateral EUR 1,733 million

Broad eligibility, including developing, newly industrializing, and transition countries in Africa, South and Southeast Asia, Small Island States in the Pacific and the Caribbean, and others

Concessional loans, Grants [Link]
International Climate Fund (ICF) Adaptation, Mitigation, REDD+ Bilateral USD 6,002 million

Broad eligibility: funding for adaptation is for poor and vulnerable countries, including least developed countries, small island states and Africa; funding for mitigation may include some middle-income countries

Grants [Link]
Green Climate Fund (GCF) Adaptation, Mitigation Multilateral USD 10,300 million

All developing countries that are Parties to the UNFCCC

Concessional loans, Grants [Link]