The Adaptation Fund has launched a new USD 10 million pilot small grants programme (Adaptation Fund Climate Innovation Accelerator, AFCIA) to foster innovation in adaptation in developing countries at the United Nations Climate Change Conference (COP25) in Madrid. Two of the Adaptation Fund’s accredited Multilateral Implementing Entities (MIEs), the United Nations Environment Programme (UNEP) and the United Nations Development Programme (UNDP), have been selected as implementing entities of the AFCIA.
The Climate Technology Centre and Network (CTCN) works in conjunction with UNEP, receiving USD 5 million to administrate and aggregate 25 micro-grants projects (up to USD 250,000 each).
The primary objective of the AFCIA administrated by UNEP-CTCN is to support developing countries to test, evaluate, roll out and scale up innovative adaptation practices, products and technologies. Based on technical assistance services, 25 micro-grants projects will be implemented for 5 years to enhance climate resilience and adapt to climate change in the countries. Moreover, the AFCIA will facilitate knowledge sharing and the exchange of best practices, strengthening opportunities of South-South and triangular cooperation on innovation in adaptation among the countries.