The Adaptation Fund finances climate change adaptation projects in vulnerable developing countries, committing over $1.2 billion since 2010 for localized initiatives benefiting 45 million people[1][3][4]. It offers Direct Access and Enhanced Direct Access, empowering countries to develop projects through accredited entities[4]. The fund targets developing countries under the Kyoto Protocol and Paris Agreement[3][4]. Its unique selling proposition is pioneering direct access to funding, allowing countries to manage projects independently, enhancing local resilience and adaptation capabilities[3][4].