The ecbi was launched in May 2005 during the 22nd Meeting of the UNFCCC Subsidiary Bodies(SB) in Bonn. This is its third annual report. The impact of the ecbi on the international negotiations, although difficult to quantify, has been significant, particularly in the context of the Adaptation Fund negotiations. An indication of the impact of the ecbi activities was the fact that three of the ecbi Fellows and two ecbi participants were selected for the Adaptation Fund Board, one of which subsequently elected as its first Chair.