The Adaptation Fund and Its Developments at COP23

-By Rachel Pui Shi Loh, ‘18C, Economics and International Studies 

The Adaptation Fund helps developing countries such as Tanzania finance climate adaptation projects. Populations in underdeveloped nations contribute minimally to global emissions compared to developed counterparts. However, they are often the ones who bear the greatest impacts of climate change. Some of the by-products of global warming are increased incidences of weather catastrophes, such as hurricanes and desertification. Their effects have threatened food security and human health. The Fund is financed primarily by governments and private donors.