The Adaptation for Smallholder Agriculture Programme (ASAP) channels climate finance to smallholder farmers so they can access the information, tools and technologies that will help build their resilience to climate change. Launched by the International Fund for Agricultural Development (IFAD) in 2012, ASAP has become the largest global financing source dedicated to supporting the adaptation of poor smallholder farmers to climate change, with committed funding of US$316.2 million. Since inception of the programme in September 2012, 42 ASAP-supported projects were approved by the IFAD Executive Board, committing an amount of US$292.6 million from the ASAP trust fund to concrete actions that help smallholder farmers adapt to the impacts of climate change.