The Least Developed Countries Fund (LDCF) was established under the UN Framework Convention on Climate Change (UNFCCC) to assist LDCs to carry out the preparation and implementation of national adaptation programmes of action (NAPAs). It is operated by the Global Environment Facility (GEF).
Utilization by LDCs:
By 2016, the Fund had approved around US$1 billion for the funding of projects and programs, leveraging almost US$4 billion in financing from partners. The Fund has enabled 49 of the world’s most vulnerable countries to access resources for NAPA preparation. As of 2015, the Fund supported 140 projects and programs in 46 of the least developed countries, the largest portfolio of adaptation projects of its kind.
Sources and further information:
- The Least Developed Country Fund
- UNFCCC Least Developed Country Portal
- Report on the twenty-second meeting of the Least Developed
Countries Expert Group (FCCC/SBI/2012/27)
Synthesis report on the progress made in the implementation of the least developed countries work programme, including the updating and implementation of national adaptation programmes of action (FCCC/SBI/2012/INF.13)