Our Strategy
The African Development Bank (AfDB) has shown its commitment to help the continent cope with climate change. In 2009, the Bank Group developed its Strategy of Climate Risk Management and Adaptation (CRMA).
This strategy calls for increased support for capacity building of African countries to tackle climate change risks. It also ensures that all investments financed by the Bank are “climate-proof", meaning that they are designed, installed, implemented and managed to reduce to a minimal level the adverse effects of climate change, with the most cost-effective ratio as possible.
These strategies are spelt out in a comprehensive action plan, which includes investments of almost USD 8 billion by 2015.
The plan’s purpose is to reduce the continent's vulnerability to climate change and sustain the change to economies producing less greenhouse gas (GHG). The plan banks on AfDB resources but also on the contribution of its partners, multilateral and bilateral institutions, and the private sector.
Resources
- 15/10/2018 - African Development Bank to Host Seminar on Promotion of Gender Equality in Africa’s Power Sector
- 15/10/2018 - Technology and innovative finance key to reaching end users in the value chain through technology: African Development Bank at Global Infrastructure Forum 2018
- 14/10/2018 - African Development Bank and partners’ innovative Room2Run securitization will be a model for global lenders
- 13/10/2018 - Multilateral Banks reaffirm pledge to support resilient, sustainable infrastructure
- 12/10/2018 - Ghana: African Development Bank, technology stakeholders seek to bridge Africa’s digital gender gap
- 12/10/2018 - Revisiting the 53rd Annual Meetings of the African Development Bank: Key moments
- 12/10/2018 - African Development Bank approves strategy to accelerate transformation of Eastern Africa
- 11/10/2018 - Tunisie : 76 millions d’euros de la Banque africaine de développement pour améliorer l’assainissement des petites communes