Development cooperation

Least Developed Countries Fund (LDCF)


The LDCF is a voluntary trust fund established under the UNFCCC, and managed by the GEF, to address the special needs of the Least Developed Countries (LDCs) that are especially vulnerable to the adverse impacts of climate change. Specifically, the LDCF is tasked with financing the preparation and implementation of National Adaptation Programs of Action (NAPAs). NAPAs use existing information to identify a country’s priorities for adaptation actions. The LDCF is the only existing fund whose mandate is to finance the preparation and implementation of the NAPAs. The LDCF is also mandated to support the preparation of the National Adaptation Plan Process in LDCs. By the end of March 2021, 51 least developed countries had completed and submitted their NAPAs. All of the Finnish least developed country partners have completed their NAPAs. The planning of the NAP process has been supported with 12,2 mil. USD and furthermore 290 projects in total have been approved to support both planning and implementation of the NAPAs. Many projects also support countries in their efforts to integrate climate change adaptation into national development policies, plans and frameworks. As for expected results, according to the latest progress report projects implemented through LDCF have reduced the vulnerability of more than 22 million people to the negative consequences of climate change. In 2020 Finland's contribution to the fund was 2 million euros and an additional contribution of 5 million euros for 2020, which was made from the supplementary budget proposal. The planned contributions for the years 2021-2025 are 2 million euros annually.

Funding decision

2 000 000 €

Objectives monitored by OECD's Development Assistance Committee

  • Climate change - adaptation
  • Aid to environment

Field of activity

  • Environmental policy and administrative management 100%

Special target group

  • indigenous peoples / ethnic minorities

Funding channel

  • Global Environment Facility - Least Developed Countries Fund
  • Maailman ympäristörahasto



Code for the object of funding