Since the carbon markets declined significantly in 2011-12, the Fund has relied on voluntary contributions from national and subnational governments as its main funding source. Since the Fund began formally serving the Paris Agreement in 2019, Parties have increasingly recognized its important role of channeling urgently needed and effective adaptation finance to developing countries. Since then, the number of contributors has increased over the years to a total of 30 contributors.

For an overview of AF contributions to date, please visit the World Bank Financial Intermediary Funds website.

Contributor Governments of the Adaptation Fund