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.
- 23/10/2017 - Creating the next generation of hunger-fighters: Adesina caps World Food Prize week with speech to youth
- 22/10/2017 - New World Food Prize Africa Institute to produce Borlaug-Adesina Fellows
- 22/10/2017 - “Africa’s pathway out of poverty” - by Dr. Akinwumi A. Adesina, President of the African Development Bank, World Food Prize Laureate Luncheon, October 20, 2017, in Des Moines, Iowa
- 20/10/2017 - AfDB’s agricultural transformation strategy to guarantee 513 million tons of additional food production
- 20/10/2017 - Adesina to set up fund for young farmers, agripreneurs with US $250,000 World Food Prize money
- 20/10/2017 - World Food Prize Laureate says recognition motivates him to accelerate Africa’s agricultural transformation
- 20/10/2017 - Adesina calls for immediate action over deepening crisis of global malnutrition
- 19/10/2017 - AfDB and OpenOil launch report on how African governments manage extractive resources