Building on the broad concept of sustainable development, the green growth model provides a pathway that seeks to achieve growth targets and development objectives in a more efficient, sustainable and resilient manner.
In Africa, the priority is to enhance livelihood security and increase economic prosperity. Although there is no single approach to green growth that is universally applicable to all African countries, promoting green growth on the continent means addressing existing and emerging development challenges without locking into pathways that deplete Africa’s natural capital and leave economies and livelihoods more vulnerable to climate change and other environmental, social and economic risks.
With this in mind, the AfDB has established a cross-departmental task team, jointly co-chaired by the Climate Change Coordination Committee (CCCC) and the Energy, Environment and Climate Change Department (ONEC), to support its emerging programmatic and operational work on Green Growth.
The Green Growth Activities of the AfDB are structured along three work-streams:
- developing conceptual, programmatic and knowledge-based guidance;
- capacity development; and
- supporting regional member countries in transitioning to a green economy.
In 2012, the AfDB has produced several knowledge products, amongst which the Rio+20 discussion paper Facilitating Green Growth in Africa, as well as a policy toolkit, in partnership with the World Bank, United Nations and OECD, for the G20 Leaders in Los Cabos. The Africa Ecological Footprint Report is also a joint AfDB-WWF output. Currently, a Green Growth Framework is being developed and it should be made available in the course of 2013.
- 10/10/2016 - AfDB Group to co-host the 5th Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference in Seoul
- 16/12/2015 - Operationalizing green growth in Mozambique: AfDB report highlights recommendations for action
- 08/05/2015 - AfDB’s new fund paves the way for climate finance readiness in Africa: Africa Climate Change Fund Annual Report