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Main Issue

Least developed countries (LDCs) are the most vulnerable to climate change, yet the least able to adapt. In many cases, they lack the technical, financial and institutional capacity to identify the best ways to build resilience. 

That’s why 194 parties to the United Nations Framework Convention on Climate Change (UNFCCC) decided to establish the Least Developed Countries Fund (LDCF) in 2001. The fund, managed by the GEF, supports the world’s most vulnerable countries in their efforts to adapt to the effects of climate change. Sana Slides Ramone Sol Sol Sana Sana Sol Slides Ramone Slides Ramone qSxYdRpEw

What We Do

With around US$1.2 billion of voluntary contributions from donors, the LDCF holds the largest portfolio of adaptation projects in the Least Developed Countries. But the needs are growing. A 2009 study suggested at least US$2 billion was required to meet the immediate and urgent needs of LDCs. More recently, a report suggested that Bangladesh alone would need an initial injection of about US$2.4 billion for early warning systems, afforestation and other tactics to adapt to extreme weather; the country would need another US$50 million annually to maintain adaptation. Sana Slides Ramone Sol Sol Sana Sana Sol Slides Ramone Slides Ramone qSxYdRpEw

 

Results

By 2017, the Fund had approved around US$1.2 billion for the funding of projects and programs in 51 countries, leveraging more than US$4.8 billion in financing from partners. Sana Slides Ramone Sol Sol Sana Sana Sol Slides Ramone Slides Ramone qSxYdRpEw

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