Adaptation Fund Climate Innovation Accelerator – UNEP-CTCN
The Adaptation Fund has launched a new USD 10 million pilot small grants programme (Adaptation Fund Climate Innovation Accelerator, AFCIA) to foster innovation in adaptation in developing countries at the United Nations Climate Change Conference (COP25) in Madrid. Two of the Adaptation Fund’s accredited Multilateral Implementing Entities (MIEs), the United Nations Environment Programme (UNEP) and the United Nations Development Programme (UNDP), have been selected as implementing entities of the AFCIA. The Climate Technology Centre and Network (CTCN) works in conjunction with UNEP, receiving USD 5 million to administrate and aggregate 25 micro-grants projects (up to USD 250,000 each).