In this paper, the Adaptation Fund NGO Network articulates its recommendations and policy suggestions for decisions to be taken at the thirty-third meeting of the Adaptation Fund Board (AFB33). The recommendations in this paper are based on the common position of the core partner organisations of the AF NGO Network. The paper is mainly addressed to the members of the Fund's two Committees (Project and Programme Review Committee and Ethics and Finance Committee), Board members and alternates in general as well as other interested stakeholders.
The challenge of adaptation finance is not only about how much funding is being mobilised, but also how it is used. It is crucial that available finance is used as efficiently and effectively as possible so as to reduce vulnerability and increase climate resilience. The Adaptation Fund, with over 10 years of experience in channelling adaptation finance, has a unique function in the international climate finance architecture and the global response to the impacts of climate change. With its distinct mandate, clear specialisation, and innovative features, the Adaptation Fund can play an important role in improving the quality of adaptation finance.