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Frankfurt School and the Thailand Development Research Institute (TDRI) jointly developed the Adaptation Finance Fellowship Programme (AFFP) linking research, policy and business, funded by the International Development Research Centre (IDRC).

Achieving a binding and universal agreement on a targeted limitation of temperature increase to below two degrees during the COP 21 in Paris marks the beginning of a new era. It also placed an increased focus on financing climate adaptation activities with an established adaptation goal including enhancing adaptive capacity, strengthening resilience and reducing climate vulnerability.

Research on climate change over the past years have been successful in generating knowledge about the magnitude of additional investment and financial flows needed for adaptation. Many developing countries are formulating policies and systems to scale up adaptation initiatives. However, the capacity for designing and implementing tailored interventions to mobilize finance for adaptation is limited, and developing countries are not adequately exposed to the range of new and innovative approaches to climate financing.

Main objective

The main objective of this programme is to identify and train emerging leaders from research, policy, and the private sector who aspire to be equipped with state-of-the-art knowledge on adaptation finance and become climate ambassadors in their respective home countries and beyond.


To implement these goals, within the next four years (2016-2020) the project will bring together a total of 36 promising individuals already with first experience in the climate change field and the potential to be leaders in their domains. The Fellows will be split into two cohorts, each with a duration of 18 month. During this time they will receive extensive training, network opportunities with their peers, and get involved into an adaptation finance research project.

The project will support three strategic goals:

Firstly, it will illustrate to policy makers how public finance and risk mitigation instruments can remove the barriers to private sector investment.

Secondly, it will enhance business fellows’ understanding of specific types of climate change investment opportunities and risk profiles associated with these interventions.

Finally, it will support emerging academics to undertake research on adaptation finance such as how public policies can help remove the barriers to private sector investment in adaptation and what metrics and methodologies can be used across a wide range of adaptation projects.

Get to know more details on the programme, learn how to apply: Fellowships

The fellowship programme is funded by IDRC and implemented by Frankfurt School and TDRI:

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Frankfurt School of Finance and Mangement gGmbH is a research-lead business school, combining research, education and advisory activities.

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Frankfurt School – UNEP Collaborating Centre for Climate & Sustainable Energy Finance is a think-and-do tank which advances the role of the private sector in climate mitigation and adaptation.

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Thailand Development Research Institute (TDRI) is a public policy research institute providing technical analysis to various public agencies to help formulate policies to support long-term economic and scoial development in Thailand

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The International Development Research Centre (IDRC) is a Canadian Crown corporation that invests in knowledge, innovation, and solutions to improve lives and livelihoods in the developing world.

Your contact for Policy/Business Track

Your contact for Research Track