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Preliminary state of play on EU and Member States fast start finance:

This document reports on European financing to support immediate action on climate change and preparations for efficient and effective adaptation and mitigation actions in developing countries in the medium and longer term, with a special focus on adaptation, including disaster risk reduction (DRR), in the most vulnerable and least developed countries.

It encompasses adaptation in its proposed thematic areas through: (i) an increase knowledge base on climate impacts; (ii) capacity-building for the integration of adaptation in planning processes; (iii) an early implementation of adaptation efforts and investments with special attention to priorities identified in National Plans of Action on Adaptation (NAPAs), national communications and other relevant planning documents; and (iv) building experience on DRR.

The overall purpose of this preliminary report is to confirm the allocation of the amounts pledged by the EU and its Member States to contribute to the global effort to tackle climate change and its consequences through the Copenhagen Accord, and to provide the state of play on the implementation of the 2010 commitments. In addition, it sets out the overall fast-start financing priorities of the EU and its Member States including along geographic and thematic lines. The intent is to provide an overview of how much aggregate finance will flow from European donors to key thematic suggested areas and activities. It also outlines the EU’s approach to reporting fast-start finance going forward.