Climate Finance Shake-Up: Adaptation Fund Faces Uncertain Future
This article discusses how money is being used to help countries deal with the effects of climate change, especially focusing on a fund called the Adaptation Fund. The fund is unique because it's not like other climate funds and serves two different groups at the same time. It was meant to get money from selling certain types of credits, but there have been some challenges in doing so. Despite these issues, the Adaptation Fund is seen as a good model for future climate financing. The article looks at the problems the fund has faced and talks about decisions made at a recent meeting about how to solve them.