This Fund finances projects and programmes that help vulnerable communities in developing countries to adapt to climate change. Originally the Fund was established to finance concrete projects and programmes in developing country Parties that are Parties to the Kyoto Protocol. However, the Fund now also serves the Paris Agreement. The Fund is financed through a 2% share of the proceeds from Certified Emission Reductions issued under the Protocol’s Clean Development Fund as well as from public and private donors. (UNFCCC)