The development objective of the Increasing Climate Resilience and Enhancing Sustainable Land Management in the Southwest of the Buenos Aires Province Project for Argentina is to contribute to reducing climate and man-made vulnerability of the agroecosystems in the Southwest of the Buenos Aires Province by increasing adaptive capacity of key local institutions and actors and piloting and disseminating climate resilient and sustainable land management practices. The Adaptation Fund (AF) was established to finance concrete adaptation projects and programs in developing countries that are parties to the Kyoto protocol and are particularly vulnerable to the adverse effects of climate change. On December, 2012 the proposal submitted by the International Bank for reconstruction and Development (IBRD) to the AF Board seeking access to resources in support of the 'Increasing Climate Resilience and Enhancing Sustainable Land Management in the Southwest of Buenos Aires Province' project in Argentina, was approved. On February 25, 2013, an agreement was signed between the AF Board and the IBRD, in order for the latter to serve as the project's multilateral implementing entity. The project will be funded by the AF for a total amount of US$ 4,296,817, of which US$ 336,617 correspond to the project cycle management fee available to the IBRD. The AF covers the financing of full adaptation costs.