Modalities / Financing Partnership Facilities

/Community Resilience Financing Partnership Facility

Year Established

2021

Cumulative Contributions Committed

Contributions committed are net of cancellation of the commitments, if any, and revalued at reporting date, as applicable.

$8.2 million

The Community Resilience Financing Partnership Facility or CRFPF is an initiative that supports countries in the Asia and Pacific region to scale up community-level investments in climate adaptation, explicitly seeking to build the resilience of poor and vulnerable communities to the negative impacts of climate change.

In October 2022, the Agence Française de Développement joined the Nordic Development Fund as it officially signed the grant cofinancing agreement with ADB for the CRFPF and subsequently provided an untied grant contribution of $1.4 million to support the facility. The CRFPF is also expecting additional funding support of £45 million from the Government of the United Kingdom.

In 2022, the CRFPF fund team started developing a series of technical notes. Its primary target audience comprises stakeholders in ADB’s developing member countries—government officials, research organizations, and nongovernment organizations—and internal ADB user departments. The series aimed to raise awareness of the Community Resilience Partnership Program and how its resources can be used to advance climate change adaptation across the region and in their countries. Two technical notes were published in 2022: Scaling Up Women-Centered Adaptation through the Community Resilience Partnership Program’s Gender Window and Supporting Transformational Adaptation through the Community Resilience Partnership Program.

Trust Funds

Community Resilience Partnership Program Trust Fund

Year Established 2021
Partner Agence Française de Développement , Nordic Development Fund
Cumulative Contributions Committed $8.3 million
Project Commitments
Direct Charges $0.2 million for 2 activities

To operationalize the Community Resilience Partnership Program (CRPP), ADB established the Community Resilience Financing Partnership Facility on 12 August 2021. The facility includes a multi-partner trust fund—the CRPP Trust Fund—which would provide technical assistance and grant resources to scale up climate adaptation solutions at the community level.

News

Women-Focused Investments Are Crucial for Community Adaptation

At a Community Resilience Financing Partnership Facility event during COP27, speakers highlighted the important role women and girls play as agents of change in community adaptation. Climate change has disproportionately impacted women and girls in poor communities. There is a need to scale up adaptation investments in sectors where women are important as economic agents.

Stories

Putting Women at the Center of Adaptation Investments: The Potential of the CRPP

The CRFPF Secretariat hosted the event titled “Putting Women at the Center of Adaptation Investments: The Potential of the CRPP,” bringing together representatives from an Indonesian grassroots women’s group, the Nepal national government, the European Bank of Reconstruction and Development, and the International Institute for Environment and Development. The dialogue enabled them to identify approaches and a wider enabling environment needed for scaling up women-focused adaptation investments and help operationalize the CRPP’s Gender Window.