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1. About the Adaptation Finance Fellowship Programme

The Adaptation Finance Fellowship Programme (hereinafter referred to as “AFFP” or “the Programme”) supports and promotes 18 exceptional individuals from developing and emerging countries who are active in climate adaptation finance, either in the academia, public or private sector. The Programme is divided into three tracks focussing on fellows from the business sector, from the policy sector, and from the research sector respectively (hereinafter referred to as “business track”, “policy track”, and “research track”, or “the racks”). The programme is funded by the International Development Research Centre (hereinafter referred to as “IDRC”) and implemented by Frankfurt School of Finance & Management (hereinafter referred to as “Frankfurt School”) and the Thailand Development Research Institute (hereinafter referred to as “TDRI). More information on AFFP can be found on the official website:

2. AFFP benefits and duties

Fellowship holders will receive the following benefits from the Programme (subject to change):

  • 18-month comprehensive Fellowship Programme on adaptation finance free of charge1 (September 2018 to February 2020).
  • Participation at one six-month e-learning certification course on Adaptation Finance (September 2018 to February 2019).
  • Participation at the 3 day kick-off workshop taking place in September 2018 Bangkok, Thailand,
  • Participation at the 5 day Summer Academy taking place in mid 2019, Bangkok, Thailand.
  • Participation at the 3 day Winter Academy taking place in end of 2019 in Frankfurt am Main, Germany (only business track and policy track),
  • Participation at the 3 day final workshop taking place beginning of 2020, Frankfurt, Germany.
  • Participation in a online training series with opportunity to discuss and present own projects and policies, professional networks of peers and leaders in climate adaptation and finance
  • Research grant of USD 16,000 (only research fellows)

Fellowship holders are encouraged to fulfill the following duties:

  • To be committed in the spirit of the Programme and become a climate ambassador in his or her respective home country and beyond
  • Participate in and complete all events and activities mentioned in the list above
  • Work individually and/or in groups on topics related to adaptation finance, to be set during the programme, with a concrete output (e.g. article, blog entry, policy paper, analysis etc.)
  • Complete the research project according to the submitted research proposal (only research fellows)

The AFFP will and cannot accommodate spouses, children or friends during on-side events

3. Application process

Applications for the Adaptation Finance Fellowship Programme (AFFP) have to be submitted via an online application system that can be accessed on the AFFP website All information requested must be written in English and all mandatory questions have to be answered. Only complete applications will be accepted.

Submission deadline for the applications is 31st January 2018, 11:59 pm (CET).

General eligibility criteria:
Knowledge and relevant work or research experience in climate change, climate change adaptation and/or finance related fields; Proficiency in English (both written and oral), showing strong motivation and commitment to take over responsibility and to stay with the programme.

Specific eligibility criteria:

  • Research Track: PhD candidate or a post graduate who has already started his/her dissertation or research on a related topic, or a PhD researcher who is working in the university or public as well as private research institute and action research NGOs. Proposed research must meet research funding criteria set by the AFFP
  • Business Track: Several years of relevant work experience in the private sector, e.g. microfinance, banking and insurance institutions, project developer, risk analysts, CSR, SMEs and NGOs. Work should be related to at least one of the following areas: finance (incl. insurance), climate change, climate change adaptation, natural disaster management, risk assessment, infrastructure, or other environment related areas.
  • Policy Track: Young and mid-career professionals primarily from the public sector. Several years of relevant work experience, e.g. in the following sectors: water, agriculture, infrastructure / settlement sectors or insurances, preferably with a link to finance.

AFFP staff will pre-screen all applications to ensure that eligibility criteria are met. Uncomplete applications or applications that do not meet all eligibility criteria will receive a notification and will not be considered in the further evaluation process.

An independent selection committee will review eligible applications and will select the candidates for the fellowship programme. Candidates might be interviews via Skype or phone by a member of the selection committee.

All applicants will be notified upon their selection status in-April 2018. Fellows who are accepted must send their confirmation (or rejection) of fellowship participation within 14 days of receipt of the notification. If a candidate does not accept the fellowship or does not answer within 14 days, the first candidate on the waiting list will be offered the fellowship instead.

4. Contract

Accepted fellows will be asked to sign a contract outlining the conditions of the Fellowship. For business track and policy track fellows, the contract will be signed between Frankfurt School and the Fellow. For research track fellows, the contract will be signed between TDRI and the Fellow. The awarding of the Fellowship becomes factual through the signing of the fellowship contract. The contract has to be signed and sent back to by the fellowship candidate within 14 days after reception of the contract.

5. Non-fulfilment of the contract / Cancellation of the Fellowship

All fellows must attend all on-side as well as online events over the 18 month period. Failure to attend one on-side event without notice as well as any behaviour that could bring discredit to the AFFP is grounds for immediate dismissal and removal from the programme.

A fellowship holder who does not attain the objectives set in the approved work programme, or whose fellowship is cancelled due to serious violation of his/her duties, for reasons ascribable to him/her, might be forced to refund the total or part of the values already received, according to the circumstances of each case.

Please note that if a Fellow fails to comply with any one of the above mentioned terms and conditions of the AFFP Fellowship program, Frankfurt School and TDRI reserve the right to determine the appropriate course of action, including, but not limited to: (i) terminating the Fellowship prior to the end of the contract period; (ii) causing the Fellow's early departure from the program; (iii) and/or asking the Fellow to cover costs for incurred costs.

6. Exclusiveness

Each fellowship holder may not be the beneficiary of any other concurrent fellowship funding the same purpose, except when expressly agreed between the funding entities.
The fellowship holder is under the obligation to inform the funding entity about awards of any other fellowship or grant.

7. Deposit

After the contract signing, fellows of the Policy and Busines Track will have to pay a deposit which will be reimbursed after the successful participation of the full fellowship programme. The amount is fixed at EUR 500 and is due 14 days after signing the contract.

8. Travel expenses

Transportation to on-side events has to be financed in advance by the fellows and will be reimbursed against receipt up to a fixed limit. The limit will be announced to the fellows before the respective on-site event takes place and is calculated based on current ticket prices.

9. Reporting & Deliverables

All selected fellows will have to submit reports on their participation on a regular basis. The exact form and dates will be defined in the contract. AFFP Fellows will elaborate and submit other deliverables (e.g. summaries, concept notes, presentations etc.) upon request by Frankfurt School or TDRI.

10. System Requirements

In order follow all AFFP components smoothly, applicants should guarantee the following technical requirements:
Having access to a stable internet connection, enabling downloads of PDF files and other files with a size up to 5 MB, solving online tests and online assignments, opening forums, streaming videos and audio lectures.
The online platform works best with Internet Explorer 10.0+, Mozilla Firefox 31.0+, Google Chrome 42.0+ or Apple Safari 7.0+
The following browser settings have to be made: activate JavaScript, allow pop-up-windows (for, activate Java, approve Cookies
Having a PDF-reader, for example the Adobe Reader, which can be download for free at as well as office software to be able to open MS-Word (.doc & .docx) and MS-Excel files (.xls & .xlsx). If you don't possess Microsoft Office you can download the free Open Office (
To be able to follow our video lectures a broad band internet access is required as well as a minimum of 1GHz CPU. Furthermore, you need to have the flash player installed, which is available for free at

11. Data protection and permission for use and disclosure of information

Frankfurt School, TDRI, and IDRC, will have access to all information related to the applications submitted for this fellowship, including the full applications, and the ranking and rating lists. Individual applications are otherwise considered strictly confidential and will be used for internal review and communication purposes only.
By way of submitting an application under this call, the applicant consents to the disclosure of the documents submitted by the applicant to the reviewers involved in the selection process . The applicant further consents to the disclosure of the name of the applicant, and the title of the proposed project (for research track only) in any announcement of selected proposals. References are also submitted in complete confidence.

1For exceptions, see No. 7 "Deposit" and No. 8 "Travel Expenses"