Adaptation Fund Holds Signing Ceremony for First Project
11 November 2010: The Adaptation Fund held a signing ceremony in Washington, DC, US, of a memorandum of understanding (MOU) with the Government of Senegal for a project focused on protecting its coastline from sea level rise.
The project, with a budget of US$8.6 million over two years, focuses on three vulnerable coastal areas where coastlines have receded in recent years. The project will establish coastal protection and anti-salt dikes, assist local communities in managing fish processing areas, and assist in an awareness raising programme and training related to adaptation. This project represents the first time a developing country has accessed the Adaptation Fund directly through a National Implementing Entity, rather than through multilateral development institutions.
Speakers at the event included: Monique Barbut, CEO and Chairperson of the Global Environment Facility (GEF); Assize Toure, Centre de Suivi Ecologique, Senegal; and Farrukh Iqbal Khan, Chair of the Adaptation Fund Board. [Adaptation Fund Press Release]