The statutory Third Review of the Independent Review Mechanism (IRM) is due to start in 2019. This note covers the rationale of the Review with the scope, modalities, and the relevant budget for consideration by the Boards of Directors (the “Boards”) of the African Development Bank Group (AfDB)....

The Boards of Directors (“the Boards”) of the African Development Bank Group (AfDB) approved the establishment of the Independent Review Mechanism (IRM) on 30 June 2004, and subsequently the IRM Operating Rules and Procedures in July 2006. The IRM became operational from mid2006 with the...

The Adaptation Benefits Mechanism (ABM) is an innovative mechanism for mobilizing new and additional public and private sector finance to enhance climate change adaptation action. It has the potential to speed up host countries’ transformation toward low-carbon, climate-resilient, and sustainable...

In 2016, the Bank Group organized 9 BOSs following requests by constituencies. Following its newly adopted approach on BOSs in 2017, the Bank Group decided to organize two BOS per year, one at the headquarters offices in Abidjan, Cote d’Ivoire and one in a regional member country, in order to...