The adaptation working group has agreed upon a 150 bn USD per annum until 2020. The starting year will be 2013. 30 bn USD will be paid in 2013. It has also been decided how the adaptation fund will be financed. The amount to be paid will be determined taking into account GDP per capita and past emissions for developed countries. Developing countries with a per capita GDP above world average will also be among the donors. The amount of money which will flow to the fund between 2020-2050 will be based on the degree of temperature rise and level of climate change.
The most important adaptation technologies which will be financed and supported are water and costal management, agriculture, energy and health. Expert and talent transfer, bilateral and multilateral cooperation as well as empowering of local capacities will be important areas which will get funding from this fund.
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