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EOI - Evaluation of the Bank's support to Green growth and Climate change, 2008-2018 - IDEV

12-Mar-2019

In 2013, the Bank committed itself to improve the quality and sustainability of growth in Africa through its long-term strategy (LTS) 2013-2022, at the center of Africa's transformation with two interdependent objectives: Inclusive Growth and gradual transition to Green Growth. Inclusive growth increases the economic base of countries, creating opportunities regardless of gender, age or geography. According to the LTS, Green Growth ensures that progress can also be maintained at a time when Africa is facing a range of local, regional and global issues such as environmental change and increasing pressure on its natural resources. In particular, the transition to Green Growth involves promoting and maximizing opportunities for economic growth by strengthening resilience, effectively managing natural and sustainable assets (including productivity and the promotion of sustainable infrastructure. The Bank intends to support Africa's transition to Green Growth by seeking to maintain or increase natural and social resources. It will support access to modern energy services, adaptation to climate change and mitigation, sustainable management of natural resources (including water and agriculture), and the development of sustainable infrastructures such as mass infrastructures. Transport systems, the use of hydro, geothermal, wind and solar energy, infrastructure and the effective use of cross-border waterways. Such growth will protect livelihoods; improve water, energy and food security; promote the sustainable use of natural resources; and will stimulate innovation, job creation and economic development in these sectors.

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