The LDCF plays a key role in addressing urgent and
immediate adaptation needs of least developed countries, focusing on reducing the vulnerability of sectors and resources that are central to human and national development, such as water, agriculture and food security; and infrastructure, as identified and prioritized in their National Adaptation Programmes of Action (NAPAs).
Australian Prime Minister Kevin Rudd told reporters, «When we talk about the
need for a fast - start fund for
adaptation purposes, as well as mitigation purposes, it's to provide the
immediate resources necessary for a number of those states to deal with the real challenges that their populations face in the here and now, starting in 2010, 2011, 2012, before, in fact, the post-Kyoto agreement would kick in.»
The 2015 agreement must make a significant contribution to deliver an
adaptation approach that adequately responds to the
immediate needs of, and future threats to, the most vulnerable developing countries and ecosystems.