Climate Change

19-Aug-2019

Changement climatique : vers un forum annuel pour encourager les investissements climatiques en Afrique

L’atelier international sur la préparation des projets d’investissement pour la Réduction des émissions dues à la déforestation et la dégradation des forêts (REDD+) en Afrique, s’est tenu du 13 au 15 août 2019 à Abidjan. Des experts en gestion durable des forêts venant de 18 pays africains se sont engagés à organiser annuellement un forum sur les investissements REDD+, en vue de mobiliser des fonds destinés à la lutte contre le changement climatique sur le continent. Une soixantaine d’experts africains de la REDD+, participants à l’atelier, ont adopté « Les Résolutions d’Abidjan...
14-Aug-2019

African Development Bank welcomes $20 million investment from the Clean Technology Fund for the Facility for Energy Inclusion

The Clean Technology Fund (CTF) one of two multi-donor trust funds within the Climate Investment Funds (CIF)  on August 8, 2019 approved $20 million for the Facility for Energy Inclusion (FEI), a facility sponsored by the African Development Bank to  provide sustainable financing for small-scale renewables in Africa. FEI is a $500 million financing platform whose objective is to catalyze financial support for innovative energy access solutions.  FEI On-grid, a targeted USD 400 million fund, supports improved energy access through the development of small-scale renewable...
09-Aug-2019

Africa’s key development partners unite to tackle hunger as millions face food insecurity in times of climate change

Kigali, August 8, 2019 – Development partners in Africa have pledged to pool their resources to counter food insecurity on the continent. The commitment was formalized at the first Africa Food Security Leadership Dialogue (AFSLD) held in Kigali, Rwanda, August 5-6, in partnership with the African Union, leaders of the African Development Bank, the Food and Agriculture Organization of the United Nations, the International Fund for Agricultural Development and the World Bank. The event focused on strengthening and accelerating support to Africa’s food security programs and helping African...
08-Aug-2019

International Workshop for the design of REDD+ Investment Projects in Africa

WHAT: International workshop on Reducing Emissions from Deforestation and Forest Degradation (REDD+) projects WHO: The African Development Bank, Ministry of Environment and Sustainable Development of Côte d’Ivoire, the Green Climate Fund (GCF), and the Japan International Cooperation Agency (JICA) WHEN:  Tuesday, 13 August 2019 - Friday, 16 August 2019 WHERE: African Development Bank, CCIA building, Abidjan   The Africa Climate Smart Agriculture Program (ACSA) of the African Development Bank, in collaboration with the Ministry of Environment and Sustainable...
15-Jul-2019

African Development Bank, Global Mechanism of the United Nations Convention to Combat Desertification join forces to strengthen capacity in climate change and land degradation

The African Development Bank and the Global Mechanism of the United Nations Convention to Combat Desertification (GM/UNCCD), in partnership with UN Women, are joining  forces to strengthen the capacity of African stakeholders to tackle climate change. The resolution followed a workshop, hosted at the African Development Bank Headquarters in Abidjan, Cote d’Ivoire, from 10 to 12 July 2019, on the topic of Nationally Determined Contributions (NDC) and Land Degradation Neutrality (LDN). Participants in the workshop also discussed gender issues in the context of the United Nations...
11-Jul-2019

Green Climate Fund announces $20m for African Development Bank’s Affirmative Finance Action for Women in Africa’s climate resilience project in Ghana

ABIDJAN, Cote d’Ivoire, 11 July 2019 - The Green Climate Fund has announced a $20 million grant to the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program for a climate action project to support women-led farmers’ associations and micro, small and medium enterprises in Ghana’s agricultural sector. The funds will go to the “Financing Climate Resilient Agricultural Practices in Ghana” project, following approval by the Green Climate Fund board at a meeting held 6 - 8 July 2019 in Songdo, South Korea. The board members decided to increase the grant...
28-Jun-2019

La BAD acteur de la sauvegarde de l’environnement pour de meilleures conditions de vie en Afrique

La pollution atmosphérique est responsable d'environ 7 millions de décès par an, le plus grand nombre de décès étant enregistré dans les zones urbaines. En Afrique, on estime à 90%, la population exposée à la pollution de l'air intérieur, en raison de sa dépendance à l'utilisation de sources d'énergie issues de la biomasse pour la cuisson, l'éclairage et le chauffage (Source : Worldenvironmentday). Ces questions étaient au cœur des débats de...
21-Jun-2019

World Circular Economy Forum 2019: Africa wants to go green

On 3-5 June, 2019, the third annual World Circular Economy Forum (WCEF) 2019 in Helsinki, Finland, organised by the Finnish innovation fund Sitra, brought together over 2,200 of the world’s top business leaders, policymakers, researchers and innovators from more than 90 countries to work towards implementing a circular economy. [row] [column md="7"] This year’s forum included a dedicated session on Africa to discuss the goal of scaling up the circular economy in the continent. Almost 70 African representatives from different parts of the continent attended the...
20-Jun-2019

2018 Joint report on Multilateral Development Banks’ climate finance

This report was prepared by a group of multilateral development banks (MDBs),  composed of the African Development Bank, the Asian Development Bank,  the European Bank for Reconstruction and Development, the European Investment Bank, the Inter-American Development Bank Group, the Islamic Development Bank  and the World Bank Group. The findings, interpretations and conclusions  expressed in this work do not necessarily reflect the official views of the MDBs’  Boards of Executive Directors or the governments they represent.
20-Jun-2019

MDB climate finance hit record high of $43.1 billion in 2018

Climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of $43.1 billion in 2018, boosting projects that help developing countries cut emissions and address climate risks. This represents an increase of more than 22 per cent from the previous year, where climate finance totalled $35.2 billion. The latest MDB climate finance figures are detailed in the 2018 Joint Report on Multilateral Development Banks’ Climate Finance, which combines data from the African Development Bank, the Asian...
18-Jun-2019

The African Development Bank, partners to host workshop on Gender Mainstreaming in Climate Change Policies in East Africa

WHO: African Development Bank and partners WHAT: Workshop for Eastern Africa policy-makers on “Gender Mainstreaming in Climate Change Policies, Plans and Strategies” WHERE: EKA Hotel, Nairobi, Kenya WHEN: 16-17 May 2019 The African Development Bank and its partners will host a two-day strategy workshop for policy makers from ten East African countries. The ‘Gender Mainstreaming in Climate Change Policies, Plans and Strategies’ event will be held at EKA Hotel on 16 and 17 May 2019 in Nairobi, Kenya. The training is part of a series of capacity building...
18-Jun-2019

Dialogue structuré d’Abidjan : sur une décentralisation des contributions déterminées au niveau national

Quoi : Conférence pour l’échange et la coopération entre les autorités nationales et locales africaines sur l’atteinte des objectifs en matière d’adaptation et d’atténuation du changement climatique Qui : Ministres, maires et chefs de municipalités africaines, présidents d’associations et partenaires techniques et financiers Quand : 15-16 Mai 2019 Où : Banque africaine de développement (siège et immeuble CCIA), Abidjan, Côte d’Ivoire La Banque africaine de développement en partenariat avec Cités et Gouvernements Locaux Unis d’Afrique (CGLU Afrique) ​accueillera...
06-Jun-2019

African Development Bank, Adaptation Fund, Green Climate Fund convene first Direct Access to climate finance meeting

To accelerate and enhance Direct Access to climate finance for developing countries that are vulnerable to climate change, the Adaptation Fund (AF), Green Climate Fund (GCF), African Development Bank   and South African National Biodiversity Institute (SANBI) are joining forces to facilitate a meeting of more than 30 accredited implementing entities in Durban, South Africa. The meeting which will run from  5-7 June, is aimed at furthering a common Community of Practice for Direct Access Entities (CPDAE) through the adoption of a governance...
03-Jun-2019

African Development Bank features at Mozambique’s Growing Blue Event

The African Development Bank is focusing on building risk management systems and resilience for countries vulnerable to climate change, it told participants at the recently concluded high level conference on the Blue Economy held in Maputo, Mozambique. The conference, themed: Growing Blue: Sustainable and Shared Exploitation of the Ocean, was hosted by the government of Mozambique from May 23-24 May, 2019 and chaired by Mozambique President Filipe Nyus. Heads of states, ministers and leading policymakers from the African continent attending the two-day meeting, discussed ways to...
29-May-2019

African Development Bank’s first symposium on Climate Change calls for increased focus on resilience building

African nations must focus on building resilience against climate change  and renew efforts to save resources spent on weather-related emergency relief to better address the needs of the vulnerable, African Development Bank President Akinwumi Adesina said on Monday.  “Africa must be more active in finding solutions to the scourge,” Adesina said in opening remarks, read on his behalf at a symposium marking the Bank’s “Climate Change and Green Growth Day held at the Abidjan headquarters.  “As a continent, we must be resolute in our efforts to find solutions. Africa...
29-May-2019

The African Development Bank hosts the Zero Emissions Omissions Coalition

The African Development Bank and the Zero Emissions Omissions Coalition, an advocacy group dedicated to mobilising support for climate change, have met to discuss the Bank’s role in leading clean energy production on the continent and greater transparency on its investments. The coalition, consisting of non-governmental bodies and volunteers organised under the African Climate Reality Project, delivered an open letter to the Bank’s Pretoria office on 24 May, as part of an Africa Day-fossil-free future campaign. Welcoming the group, Maria Mulindi, Bank’s Director of Special...
28-May-2019

Japan and Austria to support private sector climate change investments on the continent

The governments of Japan and Austria have approved a $1 million fund to strengthen the participation of the private sector in combating climate change. The funding will be channeled to the Africa Private Sector Assistance (FAPA) grant, which aims to expand the role of the private sector in the Nationally Determined Contributions (NDCs) of African countries. NDCs are national efforts to reduce Greenhouse Gas emissions and form part of the Paris Agreement on climate change. The project will be implemented by the Climate Change and Green Growth Department of the African Development Bank....
16-May-2019

Climate Finance Bimonthly Newsletter - Issue N°27 - August-October 2014

A SET OF BOLD AND AMBITIOUS COMMITMENTS to climate finance were made during the UN Climate Summit on September 23rd, which gathered around 120 heads of state. Pledges of around US$ 2.3 billion were made to the Green Climate Fund; over 150 supporters endorsed the New York Declaration on Forests, including countries who committed to halving deforestation by 2020 and ending it by 2030; and the Global Investment Coalition on Climate Change announced that it would double investments in climate change to US$ 84 billion by 2015 as well as increase current climate change investment 10-fold between...
16-May-2019

Climate Finance Bimonthly Newsletter - Issue N° 34 – COP 21 Special Issue – December 2015

There could perhaps have been no better end to 2015 than the adoption of the Paris Agreement by 196 Parties during the UN Climate Change Conference in December. Following nearly two decades of talks, the Parties agreed to reduce global warming to “well below 2°C and pursue efforts to limit the temperature increase to 1.5°C above preindustrial levels” by embracing clean energy options, while developed countries maintained their pledge to raise at least US$ 100 billion a year by 2020 to help developing countries transform their economies accordingly. For the African continent, this is good news...
16-May-2019

Climate Finance Bimonthly Newsletter - Issue N° 35 – January-February 2016

The African Development Bank (AfDB) has been accredited by the Executive Board of the Green Climate Fund (GCF) as an implementing agency and intermediary of the Fund. This paves way for additional climate finance to be channeled to African countries through the Bank. Climate adaptation and mitigation projects are equally eligible for much needed international funding—a position which was strongly championed by African negotiators at the December climate negotiations in Paris. This accreditation is a step in the right direction in mobilizing new and additional climate finance necessary for...