At its third session, the CMP decided that the operating entity of the Fund would be the Adaptation Fund Board (hereinafter referred to as the Board), serviced by a secretariat and a trustee.4 Parties invited the Global Environment Facility to provide secretariat services to the Adaptation Fund Board (hereinafter referred to as the secretariat), and the World Bank to serve as the trustee (hereinafter referred to as the trustee) of the Fund, both on an interim basis.
At its third session, the CMP decided that the operating entity of the Fund would be the Adaptation Fund Board (hereinafter referred to as the Board), serviced by a secretariat and a trustee.4 Parties invited the Global Environment Facility to provide secretariat services to the Adaptation Fund Board (hereinafter referred to as the secretariat), and the World Bank to serve as the trustee (hereinafter referred to as the trustee) of the Fund, both on an interim basis.