News & Events

04/09/2012 - In an effort to expand financing opportunities for climate change adaptation, the Energy, Environment and Climate Change Department of the African Development Bank (AfDB) and the Global Environment Facility (GEF) held a training program for Bank staff on July 18 and 19 in Tunis, Tunisia. The event gave Bank task managers, country economists and country portfolio officers a better understanding of two financing windows established under the Climate Change Conventions and hosted at the GEF: the Least Developed Countries Fund (LDCF) and the Special Climate Change Fund (SCCF) totaling US $780 million in pledges.

Categories: Tunisia, Climate Change, Environment, Global Environment Facility (GEF), Climate Investment Funds (CIF)

12/06/2012 - The African Development Bank (AfDB) has secured and will implement additional resources amounting to USD 43 million to stimulate Africa’s climate resilience. These resources were obtained at the Global Environment Facility (GEF) 42nd Council Meeting (5-7 June 2012), which approved three initiatives that will offer far-reaching benefits to African nations for better forest management, climate technology transfer and private sector engagement in renewable energy. In addition, these resources are expected to leverage USD 360 million in co-financing.

Categories: Climate Investment Funds (CIF), Climate Change, Environment, Sustainable Energy Fund for Africa, Global Environment Facility (GEF)

15/12/2011 - Under the Global Environment Facility (GEF), the African Development Bank (AfDB) will continue to develop a pipeline in the areas of climate adaptation and mitigation, land degradation and international waters in 2012. One to watch is a USD 7.2 million GEF grant project that the Bank is helping the Mano River Union (Sierra Leone, Guinea, Liberia and Côte d’Ivoire) prepare to support conservation of the Upper Guinea Forest.

Categories: Climate Change, Global Environment Facility (GEF), Environment

23/11/2011 - At its 41st Council Meeting held in Washington, D.C. on 9 and10 November 2011, the Global Environment Facility (GEF) approved a grant of USD 20.5 million for the Lake Chad Basin Regional Program for the Conservation and Sustainable Use of Natural Resources and Energy Efficiency.

Categories: Central African Republic, Nigeria, Cameroon, Chad, Niger, Climate Change, Global Environment Facility (GEF), Energy & Power, Climate Investment Funds (CIF), Environment

12/04/2011 - The African Development Bank (AfDB) and the Global Environment Facility (GEF) have organized a two-day workshop in Tunis aimed at familiarizing AfDB staff with cost-effective ways of accessing enhanced GEF resources for environment and climate change related operations. Through presentations and discussions on strategies, projects and programmes, the GEF delegates and AfDB-GEF coordinator advised operational staff and task managers on how to improve accessibility to GEF environment funds.

Categories: Global Environment Facility (GEF), Environment, Climate Change

01/11/2010 - Seed Capital Assistance Facility helping investors provide early stage financing to clean energy entrepreneurs in the developing world. The United Nations Environment Programme, the Asian Development Bank, the African Development Bank and the Global Environment Facility have launched a Seed Capital Assistance Facility (SCAF) to help stimulate renewable energy and energy efficiency ventures in the developing world.

Categories: Global Environment Facility (GEF), Energy & Power, Climate Change, Seed Capital Assistance Facility (SCAF), Environment