2011-2015 AfDB Action Plan on Climate Change
The Climate Change Action Plan 2011-2015 articulates the Bank’s climate change objectives, principles, areas of focus, major activities, and investment plan. It supports the Bank in increasing its effectiveness and delivering on its core mission of poverty reduction and economic growth, while recognising the risks and opportunities to address the challenges of climate change.
This action plan rests on three pillars: low-carbon development, climate change adaptation and establishment of a climate change funding platform to be implemented through a mix of several financing options.
The AfDB is now advancing priority projects already identified by African countries that will support climate compatible development in Africa. About USD 11.5 billion worth of investments have been identified as existing demand, USD 5.6 billion for supporting low-carbon growth, and USD 5.8 billion for supporting climate-resilient development.
The Bank’s Climate Change Action Plan is informed by and guides the implementation of the Bank’s Climate Risk Management and Adaptation Strategy and Clean Energy Investment Framework, which address the broader issues of climate change adaptation and mitigation respectively.
- 23/02/2018 - Africa Climate Week (ACW2018)
- 23/02/2018 - African Development Bank and Mozambique sign US$ 29 million grant agreements to finance agriculture and skills acquisition projects
- 23/02/2018 - Tackling Brain Drain through "Brain Circulation"
- 23/02/2018 - African Development Bank supports Gabon's Optic Fiber Backbone Project
- 22/02/2018 - "The Africa of My Dreams" - Young Africans, Get Writing!
- 22/02/2018 - Speech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group Distinguished Speaker at the 94th annual US Department of Agriculture Outlook Forum - "The Roots of Prosperity"
- 22/02/2018 - Adesina urges America to support African agriculture as a business
- 21/02/2018 - African Development Bank Board Approves Rockefeller Foundation Trust Fund with initial US$ 3 million to support the High 5s