News

Sweden Contributes Over US$15 million to Adaptation Fund

31 January 2011: The Swedish Government has contributed US$15.69 million (100 million Swedish Krona) to the Adaptation Fund Trust Fund.

Farrukh Iqbal Khan, Adaptation Fund Board Chair, expressed the hope that the contribution would help remind other developed countries of the need for additional resources to meet adaptation needs. Recent pledges to the Adaptation Fund include approximately US$10 million from Australia and US$1.38 million (Euro 1 million) from the Brussels Capital region of Belgium. The Adaptation Fund has approved four project proposals for funding and an additional nine project concepts have been endorsed. [Adaptation Fund Press Release]