The 2018 Annual Meetings of the African Development Bank Group will be held on May 21-25, 2018 in Busan, Korea. Find out more
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:
The AfDB adopts its Climate Risk Management and Adaptation (CRMA) Strategy.
Establishment of the Gender, Climate Change and Sustainable Development Unit (OSUS).
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.
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).
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.
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.
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.