Webinar 12: Understanding Project Review Criteria and Vulnerability Assessment in Preparation of

Webinar 12: Understanding Project Review Criteria and Vulnerability Assessment in Preparation of Project Activities 25 March 2021 Report Introduction: The Adaptation Fund (the Fund or alternatively, the AF) held its twelfth webinar on Understanding Project Review Criteria and Vulnerability Assessment in Preparation of Project Activities to support project development on 25 March 2021. [...] Analyses and/or assessments, which may include vulnerability assessments, at the earliest stage of project/programme preparation to determine the vulnerabilities and needs of the target vulnerable communities could be useful to support the adaptation reasoning. [...] Welcome Remarks The webinar began with welcome remarks and an introduction from Farayi Madziwa, Team Lead of the Climate Finance Readiness Programme of the Adaptation Fund Board Secretariat (the secretariat). [...] With respect to the broadened definition of vulnerability, the Fund's mandate to finance concrete adaptation projects and programmes (which typically address the risk from physical hazards and impacts) is not at the expense of considering the wider social and economic drivers of vulnerability. [...] He reiterated the importance of understanding project review criteria and vulnerability assessment in preparation of project activities to support project development and acknowledged the need to continue this conversation through the community of practice for direct access entities (CPDAE), which is a platform to continue to engage and reach out to other NIEs.