This policy package has been prepared for agenda item 8(c) on policy consultations, in line with the B.31 decision by which the Board agreed and confirmed the dates and venue of B.32, noting that the first two days will be sessions for policy consultations.
This document responds to the request of the Board in decision B.17/10 to develop guidance on the approach and scope for providing support to adaptation activities, and the request of the Board in decision B.31/16 to urgently clarify the GCF role in and vision for climate adaptation. The document presents: (i) the GCF mandate to enhance adaptation action; (ii) the GCF strategic approach to adaptation programming; (iii) information on the GCF modalities to support adaptation activities; and (iv) details of efforts made by the GCF to accelerate the development of an adaptation portfolio consistent with all the programming targets of the first replenishment of the GCF. This adaptation programming approach will further evolve as part of strategic programming for the second replenishment of the GCF.