* Adaptation Fund seen able to manage "green fund" aid

* Signed first deal last week: $8.6 mln to Senegal-Khan

A tiny U.N. fund that is starting to help developing nations adapt to climate change could expand to manage part of a planned $100 billion aid mechanism to be debated at U.N. talks in Mexico, the chair of the fund said.

Developing nations reckon the existing Adaptation Fund, which signed its first deal last week to give $8.6 million to Senegal to fight coastal erosion, could overcome objections from donors to win a wider role, Farrukh Iqbal Khan told Reuters.

Almost 200 nations will meet in the Mexican resort of Cancun from Nov. 29 to Dec. 10 to discuss measures including a new "green fund" to help the poor shift from fossil fuels and adapt to floods, droughts, heatwaves and rising sea levels.

Read more: Tiny UN climate fund could take bigger role-chair



LONDON (AlertNet) - A promised $30 billion in "fast-start" climate change aid will go largely to emissions-curbing projects rather than efforts to help vulnerable nations adapt to more extreme weather and rising seas, new research suggests.

Only between 11 and 16 percent of the money promised so far by wealthy countries will go to support climate adaptation actions such as building sea walls and promoting new farming practices, according to a report published on Wednesday by the London-based International Institute for Environment and Development (IIED).

Just $3 billion of the $30 billion pledged for the period 2010 to 2012 at last December's Copenhagen climate negotiations has been clearly allocated for adaptation projects in the world's poorest countries, and some of the commitments are in the form of loans rather than grants, the report said. It noted that this estimate was "very rough and perhaps low", partly due to a lack of information from donors.

Read more: Donors failing to deliver aid for climate adaptation - report


With the next global climate change summit only two weeks away, last year’s commitment to provide “easy” money to developing countries to help them adapt to the effects of climate change has been slow in coming, a study has showed. 

Research published on Wednesday by the London-based International Institute for Environment and Development showed that funding pledges made since the Copenhagen meeting in December are far from balanced. 

The IIED’s findings show very little has been earmarked for projects that would enable developing nations to adapt to the impact of climate change on agriculture, infrastructure, health and livelihoods. 

At last year’s summit in Copenhagen, developed nations agreed to provide more resources amounting to about $30 billion over the 2010 to 2012 period, with a balanced allocation between adaptation and mitigation. 

Read more: Climate Funds for Developing Nations in Short Supply


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