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.
- 11/12/2017 - Women, youth and SMEs to benefit from African Development Bank’s US $100-million loan to Mauritius
- 11/12/2017 - Intégration régionale : 66 millions d’euros de la Banque africaine de développement pour relier par pont le Cameroun et le Tchad
- 11/12/2017 - Conférence économique africaine : s’inspirer en Afrique du développement industriel de la Chine ?
- 11/12/2017 - Les politiques ne doivent plus gérer les richesses naturelles du continent de façon unilatérale, dixit des experts
- 11/12/2017 - Mines : un prêt de 100 millions de dollars de la Banque africaine de développement en faveur de la Guinée
- 11/12/2017 - Fair trade with Europe should depend on quality African exports
- 11/12/2017 - Remittances can harness Africa’s development, researchers say
- 11/12/2017 - Closing Remarks by Adam Elhiraika, Director of Macroeconomic Policy Division, United Nations Economic Commission for Africa