Climate change and the AfDB: a chronology

For more than a decade the AfDB has been firmly committed to strengthening Africa's resilience to climate change, gradually strengthening its actions and expertise to support member countries.  This commitment and dynamism have continued to grow in recent years.  The theme of the Bank's 2016 Annual Meetings, which were held in Lusaka, was "energy and climate change".

As set out in its Ten Year Strategy (2013-2022) promoting countries’ transition towards green growth, and its High 5s agenda redefining the Bank’s development priorities for Africa, the AfDB works tirelessly to assist African countries in their efforts to achieve climate-smart development.

The table below shows the milestones and key dates in the AfDB's growing commitment to effective climate action:

2007

AfDB

The AfDB becomes an implementing agency for the Global Environmental Facility (GEF).

2008

AfDB

The AfDB adopts its Clean Energy and Investment Framework for Africa.

Creation of the Quality Assurance and Results Department (ORQR), and its Environmental and Social Compliance and Safeguards Division (ORQR.3)

The AfDB becomes an implementing agency for the Climate Investment Funds (CIF).

2009

AfDB

The AfDB adopts its Climate Risk Management and Adaptation (CRMA) Strategy.

Establishment of the Gender, Climate Change and Sustainable Development Unit (OSUS).

2011

AfDB

The AfDB creates its Climate Change Coordination Committee (CCCC).

Adoption of its Climate Change Action Plan (CCAP) 2011-2015.

COP17 takes place in Durban, South Africa (following COPs in Marrakech in 2001 and Nairobi in 2006). During COP17 the first African Pavilion is established.

2012

AfDB

The AfDB becomes the leading financial institution of clean energy financing in Africa following a 92 percent increase in AfDB clean energy investments between 2011 and 2012.

Creation of the Sustainable Energy Fund for Africa (SEFA).

2013

AfDB

The AfDB publishes the first medium-term review of the Bank's Climate Change Action Plan.

Adoption of its Ten Year Strategy (2013-2022), with inclusive growth and transition to green growth as twin objectives.

2014

AfDB

Creation of the Africa Climate Change Fund.

Approval of first ClimDev-Africa Special Fund project.

The AfDB mobilized USD 1.92 billion for climate finance in Africa in 2014, a record amount that was 59 percent higher than in 2013.

2015

AfDB

Publication of the 4th Joint Multilateral Development Bank Climate Finance Report.

The AfDB approves its High 5s: Light up and Power Africa; Feed Africa; Industrialize Africa; Integrate Africa; and Improve the quality of life for the people of Africa.

Adoption of The New Deal on energy for Africa.

The AfDB receives accreditation from the Green Climate Fund (GCF) as a multilateral implementing agency and financial intermediary.

AfDB plays a key role in advocating for the African continent in negotiations leading up to the adoption of the Paris Agreement at COP21 in Paris.

2016

AfDB

Publication of the 5th Joint Report on Multilateral Development Banks' Climate Finance.

Between 2011 and 2016 the AfDB mobilized a total of USD 8.4 billion in climate finance for Africa and has overseen a five-fold increase in its technical assistance projects between 2014 and 2015.

"The cost of inaction will be too high. We must act, and act decisively."

Akinwumi Adesina, AfDB President

Sept. 6, 2015

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