The technical meeting discussed financing adaptation priorities in countries. The Green Climate Fund has approved 26 adaptation project proposals worth $69 million and has 10 more in the final approval stages worth an additional $23 million. The Green Climate Fund portfolio allocates funding equally between adaptation and mitigation projects, with at least 50% of adaptation funds going to vulnerable countries. The meeting involved panels on maximizing climate finance synergies, private sector adaptation investment opportunities, the impact of adaptation investments on resilience and risk reduction, and sectoral roundtables on successful adaptation projects.
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7.5.1 Regional TEM-A Part 1
1. Technical Meeting on Adaptation
11 April 2019 - Songdo, Republic of Korea
Financing Implementation of
Countries’ Adaptation Priorities
2. OPENING REMARKS
Ms. Madeleine Diouf
Co-Chair of the Adaptation Committee
Mr. Javier Manzanares
Deputy Executive Director, Green Climate Fund
3. ▪ 74 NAP Proposals received
from 73 countries
▪ 26 proposals worth
US$69 million approved + 10
proposals in the final stages
of approval = 35 proposals
with a combined value of
US$92 million
FP034: BUILDING RESILIENT COMMUNITIES, WETLANDS
ECOSYSTEMS AND ASSOCIATED CATCHMENTS IN UGANDA
GCF ADAPTATION
PLANNING
4. FP069: ENHANCING ADAPTIVE CAPACITIES OF COASTAL
COMMUNITIES, ESPECIALLY WOMEN, TO COPE WITH
CLIMATE CHANGE INDUCED SALINITY IN BANGLADESH
GCF ADAPTATION
▪ 2/3 of GCF projects are focused entirely
or partially on adaptation
✓ 113 adaptation projects
✓ 166 projects with adaptation and
mitigation co-benefits
▪ 50:50 balance of funding allocation
between adaptation and mitigation in
the GCF portfolio
▪ at least 50% of adaptation funding
goes to vulnerable countries, including
LDCs, SIDS, and African States
6. 9:15-10:45
Maximizing Synergies in the Climate FinanceArchitecture: Lessons learned,
opportunities and challenges
11:00-12:3o
Opportunities and good practices for private sector investment in adaptation
14:00-15:3o
Impact of adaptation investment for increasing resilience and reducing risk
16:00-17:3o
Sectoral roundtables on successful adaptation projects and programmes
Opening
- Lunch -