There is available money in the Adaptation Fund, particularly for direct access. Therefore, countries need to continue working towards accreditation. This means strengthening fiduciary standards and improving transparency. Currently only 3 national implementing entities have been accredited in Asia-Pacific. Proposal submission materials and templates can be found on the fund’s website.
Regular adaptation project and program proposals undergo either a one-step or a two-step approval process.
A small sized project, one requiring a contribution from the Adaptation Fund of less than USD 1 million, requires a one-step approval process where the implementing entity directly submits a fully-developed project proposal to the Adaptation Fund Board for approval.
For projects larger than USD 1 million, a two-step process is necessary. In this case, the Implementing Entity must first submit a brief project concept, which would be either endorsed, not endorsed, or rejected by the Board. If endorsed, a second step would then require that the implementing entity submit a fully-developed project or program document to be similarly approved, not approved, or rejected by the Board.
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