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The Adaptation Finance Fellowship Programme

(AFFP)

About AFFP

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.

Approach

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.

The Programme

Frankfurt School and TDRI jointly implement the IDRC funded Adaptation Finance Fellowship Programme (AFFP) – Linking Research, Policy and Business.

The programme supports and promotes exceptional individuals from developing and emerging countries who are active in climate adaptation finance, either in the public or private sector or in academia. This interdisciplinary exchange contributes to building leadership in adaptation finance across sectors for enhanced knowledge and sharing good practices in adaptation finance.

Training Components
  • Research grant and publication opportunities
  • Participation in e-learning certification course for climate adaptation professionals
  • Participation in workshops and academies in Frankfurt and Bangkok, as well as online seminars
  • Access to a mentorship programme with internationally recognised experts in climate & adaptation finance
  • Networking with other fellows and experts from around the world
  • Recognition as a Certified Expert in Climate Adaptation Finance (CECAF) upon completion of the e-learning component
Target groups:

The programme was open to highly motivated applicants from developing and emerging countries who wish to pursue an academic or professional career in climate adaptation and finance, or who are already working in this field.

Policy track

The policy track is targeted to young and mid-career professionals, primarily within the public sector, who have a background and work experience in a field relevant to climate change.

Business track

The business track is designed for professionals with a background and work experience in the private sector, including microfinance, banking and insurance, project development, risk analysis, and corporate social responsibility.

Research track

The research track is targeted to early career researchers (e.g. graduate students or post-graduates) at universities, ministries, research centres or action research NGOs who are working in the field of climate change adaptation.

The Fellowship application and selection process is open, competitive, and transparent. Winners are chosen based on individual merit, including academic performance and preparation, intellectual capabilities, English proficiency, and the potential for contribution to the AFFP.

Our Cohorts

From 2016 to 2020, the programme has awarded 36 outstanding professionals from policy and private sector as well as researcher with a fellowship. Lern more about our fellows and their activities from each cohort by clicking on the title in the section below:

Downloads

The main objective of the research capacity building component of AFFP is to provide technical and financial support for new generation of researchers from least developed and developing countries to do pioneer and innovative research in the area of climate adaptation finance. The research reports can be classified into three broad groups:

  1. Weather-index-based insurance and non-life insurance;
  2. Role of investment in weather forecast on farmer's adaptation behaviour and the welfare impact on Nigerian farmers;
  3. Adaptation and sources of adaptation finance (incl. international and national government finance).

In this section, you can download the research reports as well as the policy briefs/abstracts of the research conducted in the framework of the AFFP.