Friday, September 24, 2010
Adaptation Fund starts delivering
IRIN: In what is being hailed as a breakthrough for a "collective effort" by developed and developing countries, the Adaptation Fund set up by the UN to help poor countries cope with the unfolding impact of climate change has finally become operational. Last week, the Fund's board approved two adaptation projects, one in Senegal - threatened by sea-level rise, less rainfall and high temperatures - and the other in Honduras, which faces increasing water shortages.
The two projects worth a total of about US$14 million are not only the first to be approved by the board but also the first to get money directly from the Fund. Developing countries had been lobbying for direct access, and have now been granted control over how to spend the funds. The decision is good news ahead of more UN climate change talks slated for December in Mexico.
The money for the Senegal project will be used to implement the country's National Adaptation Plan for Action in the areas of Rufisque, Saly and Joal, along the country's west coast, and will cover actions to protect houses from flooding, erosion and sea-level rise. The project also aims to help rice growers and the fishing community in the region adapt to increased salinization.
Honduras will use the funds to improve water management in its capital region of Tegucigalpa. At least 13,000 households stand to benefit….
A 2005 flood in Dakar, Senegal, shot by MyriamLouviot, Wikimedia Commons, under the Creative Commons Attribution 3.0 Unported license
The two projects worth a total of about US$14 million are not only the first to be approved by the board but also the first to get money directly from the Fund. Developing countries had been lobbying for direct access, and have now been granted control over how to spend the funds. The decision is good news ahead of more UN climate change talks slated for December in Mexico.
The money for the Senegal project will be used to implement the country's National Adaptation Plan for Action in the areas of Rufisque, Saly and Joal, along the country's west coast, and will cover actions to protect houses from flooding, erosion and sea-level rise. The project also aims to help rice growers and the fishing community in the region adapt to increased salinization.
Honduras will use the funds to improve water management in its capital region of Tegucigalpa. At least 13,000 households stand to benefit….
A 2005 flood in Dakar, Senegal, shot by MyriamLouviot, Wikimedia Commons, under the Creative Commons Attribution 3.0 Unported license
Labels:
aid,
climate change adaptation,
finance,
Honduras,
Senegal
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