News & Events
21/03/2017 - The Board of Directors of the African Development Bank (AfDB) approved on March 15, 2017, the conversion of the Africa Climate Change Fund (ACCF) – established in 2014 with €4.725 million from the Government of Germany – to a multi-donor trust fund. This conversion brings two new partners to the Fund, the governments of Italy and Flanders (Belgium), who are contributing €4.7 million and €2 million, respectively. It further opens the door to new partnerships with other donors interested in supporting African countries in their transition to low-carbon, climate resilient development and green growth.
23/01/2017 - “Out of US $331 billion of global climate finance flows in 2014, only 3.6% went to Africa. If only 3.6%, despite Africa’s vulnerability to climate change, something must be wrong”. This, according to Luc Gnacadja, Special Representative for the Board of the Local Climate Adaptive Living Facility (LoCAL). During a panel discussion on Thursday, November 10, 2016 at the Africa Pavilion during the UN Climate Talks (COP22) in Marrakech, participants discussed the challenges involved in accessing climate finance from international funds.
22/06/2016 - The Africa Climate Change Fund (ACCF) announced on May 3 the approval of two technical assistance projects totaling US $0,8 million that will strengthen the capacity of Côte d’Ivoire to access climate finance and integrate climate resilience into two transboundary projects in Togo and Benin and in Zambia and Zimbabwe.
14/12/2015 - The Italian government announced on Thursday, December 10 that it will contribute €4.7 million to the Africa Climate Change Fund (ACCF), an initiative launched last year by the African Development Bank (AfDB) with a €4.725-million contribution from Germany to support African countries in building their resilience to the negative impacts of climate change and transitioning to sustainable low-carbon growth. This is in addition to a €7.4-million Italian contribution to the Sustainable Energy Fund for Africa.
23/10/2015 - The Africa Climate Change Fund (ACCF) announced Friday, the approval of three projects totaling USD 1.35 million to enhance the readiness of Cape Verde, Kenya and Swaziland to mobilize climate finance, necessary to achieve national sustainable development goals.
27/08/2015 - The newly established Africa Climate Change Fund (ACCF) has approved its first two projects in the past month. One will support Mali with preparatory funding to advance its low-carbon, climate resilient development agenda, and the second will strengthen data and information on climate change vulnerabilities and opportunities for 54 African countries.
08/05/2015 - Launched in April 2014 with a EUR 4.725 million contribution from Germany for an initial three-year period, the African Development Bank-sponsored Africa Climate Change Fund (ACCF) is working to address underlying challenges currently preventing many of the region’s countries from accessing the climate finance they require for engaging in climate smart development.
22/01/2015 - On Wednesday, January 21, the African Development Bank’s Climate Change Coordination Committee (CCCC) organized a knowledge sharing seminar at the institution’s headquarters in Abidjan to highlight the outcomes of the 20th Conference of Parties (COP20) to the United Nations Framework Convention on Climate Change in Lima, Peru, in December.
04/07/2014 - The new Africa Climate Change Fund (ACCF), housed in the Energy, Environment and Climate Change Department of the African Development Bank (AfDB), is launching its first call for grant proposals.
18/04/2014 - The Board of Directors of the African Development Bank (AfDB) approved on April 16 in Tunis, the creation of the Africa Climate Change Fund (ACCF), a bilateral thematic trust fund to support African countries in their transition to climate-resilient and low-carbon development. The AfDB will host and manage the ACCF, which was created with a 4.725 million euro contribution from Germany for an initial three-year period. The aim is to scale-up to a multi-donor trust fund as soon as at least one new donor commits to join.