Project review

Overview

The Fund will finance low-emission (mitigation) and climate-resilient (adaptation) projects and programmes developed by the public and private sectors to contribute to the sustainable development goals of countries. In doing so, it will aim to equally balance its allocation between adaptation and mitigation over time, and allocate significant resources to the private sector. It will also aim to allocate at least half of its resources for adaptation for countries that are particularly vulnerable to the impacts of climate change. These countries will include least developed countries (LDCs), Small Island Developing States (SIDS) and African States.