Africa Climate Change Fund


ACCF grants $4.7m to support projects in African countries

The Africa Climate Change Fund (ACCF) recently approved seven new project proposals amounting to around $4.7 million. The approval of these projects increases ACCF’s overall portfolio to 15 projects. These projects demonstrate how the ACCF helps Regional Member Countries to finance climate-resilient, low-carbon development. They will expand the ACCF’s geographic reach and diversify its field of intervention. The projects align with the Bank’s Strategy 2013-2022 and Climate Change Action Plan 2016-2020. The projects are as follows: Syntropic agriculture as strategy to foster...

Funding options for African countries hit by climate change: Africa Climate Change Fund shows results

The debate around climate change often focuses on the targets that need to be achieved. Another aspect of the discussion is increasingly gaining attention; that is the funding required, for African countries in particular, where climate change has hit the hardest. The Africa Climate Change Fund (ACCF) recently convened an event titled “Supporting African countries to unlock and absorb climate adaptation finance” at the 25th edition of the Conference of the Parties (COP 25) in Madrid, Spain. A panel discussion of climate experts provided an opportunity to raise awareness of the ACCF...

ACCF Newsletter - January – June 2019


Guinée - Projet d’appui à la modernisation du secteur financier – PAMSFI - Rapport d’évaluation (Approuvé)

L’objectif global du projet est de contribuer à renforcer les capacités de la BCRG pour le développement du secteur financier guinéen. Les objectifs spécifiques du projet sont: (i)améliorer la gouvernance du secteur bancaire et du secteur de la microfinance; (ii)moderniser l’infrastructure du secteur financier à travers la mise en place d’une plateforme monétique pour les échanges interbancaires et pour la monnaie électronique; (iii) appuyer la mise en œuvre de la politique de change via la mise en place d’une salle de marché interbancaire pour les opérations de change; et (iv) soutenir la...

Guinée - Projet d’appui à la modernisation du secteur financier – PAMSFI - Rapport d’évaluation (Approuvé)


Proposal for the conversion of the Africa Climate Change Fund into a Multi-Donor Trust Fund

In 2013, the African Development Bank approved its 2013-2022 strategy, which is designed to position the Bank at the centre of Africa’s transformation and to improve the quality of Africa’s growth. This 10-year strategy focuses on two objectives: inclusive growth and the transition to green growth. In 2015, the Bank identified five key priority areas in which it will focus its investments: light up and power Africa, feed Africa, industrialise Africa, integrate Africa, and improve the quality of life for the people of Africa (referred to as the “High 5s”). In addition, the Bank is currently...

ACCF Newsletter - January-December 2018

The Africa Climate Change Fund (ACCF) provides smallscale grants to African countries to support their transition towards climate resilient, low-carbon development. More specifically, it helps countries to implement small-scale pilot adaptation initiatives and scale up access to international climate funds while building the capacities of national entities to design and implement projects that are in line with their Nationally Determined Contributions (NDCs). Highlights below provide an update on the ACCF’s work in 2018.

ACCF Annual Report 2017

The signing of the 2015 Paris Agreement represented a milestone in the global efforts to reverse the negative effects of climate change. Article 2.1c of the Agreement establishes the long-term collective ambition to “make finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.” Aligned with this ambition, African countries have outlined bold aspirations to build climate resilient and low-carbon economies in their Nationally Determined Contributions (NDCs). Considerable financing is needed to meet these objectives. To support this, the...

Africa crafts message of sustainability for international climate negotiations

Action on climate change and sustainable development together is the way forward for Africa. That is the top-line message that regional, public and private sector delegates will carry to international climate negotiations after a week of deliberations in the Kenyan capital. Some 800 delegates from 59 countries, including ministers and other high-level government and international officials, together with non-state delegates, offered their insights into the challenges and possible responses to climate change, and harvested those insights for consideration in the official international...

Africa Climate Week (ACW)

The African Development Bank is co-organizing, together with other members of the Nairobi Framework Partnership (NFP), the Africa Climate Week 2018 (ACW) from 9th to 13th April in Nairobi, Kenya, to advance regional climate action. The ultimate aim of ACW, the first of what is planned to be an annual gathering, is to support implementation of countries’ Nationally Determined Contributions (NDCs) under the Paris Agreement and climate action to deliver on the UN Sustainable Development Goals. ACW will be an umbrella for a series of climate-related events focused on NDC...

ACCF Secretariat and experts meet in Abidjan on second call for proposals assessment

The Africa Climate Change Fund (ACCF)’s second call for proposals, which closed in August 2017, received unprecedented numbers of proposals from diverse government and non-governmental entities. Proponents of shortlisted concept notes were invited to submit full proposals, which were received in late January. The objective of this call was to solicit innovative and impactful projects that will support direct access to climate finance and small-scale or pilot adaptation initiatives in sectors aligned with the Bank’s High 5 priorities to build resilience of vulnerable...

Fonds pour les changements climatiques en Afrique - Aider l'Afrique à accéder aux financements climatiques - 2018

Les pays Africains ont exprimé leurs aspirations audacieuses à construire des économies résilientes au changement climatique et à faibles émission de carbone à travers leurs Contributions Déterminées Nationales (CDN) dans le cadre de l'Accord de Paris, ainsi que des besoins de financement considérables pour atteindre ces objectifs. Globalement, certains progrès ont été accomplis pour mobiliser davantage de financements climatiques – notamment avec la création récente du Fonds Vert pour le Climat (FVC). Toutefois, le financement climatique alloué au continent africain demeure largement...

Inclusive Climate-Smart Finance – Reaching those most in need

Addressing the climate challenge rests inter alia on the availability of adequate and sustainable climate-smart finance, along with properly designed mechanisms for its smooth provision. Leveraging such mechanisms has the potential to address socio-economic imbalances and political grievances that aggravate communities’ vulnerability and reduce their resilience to the impacts of climate change and extremes. Implementing an inclusive approach – that takes into account the needs, interests and differential vulnerabilities of men and women – in all aspects of project development, including...

AfDB Climate Change Committee shares outcomes of COP20 and looks ahead to Paris climate talks

On Wednesday, January 21, the African Development Bank’s Climate Change Coordination Committee (CCCC) organized a knowledge sharing seminar at the institution’s headquarters in Abidjan to highlight the outcomes of the 20th Conference of Parties (COP20) to the United Nations Framework Convention on Climate Change in Lima, Peru, in December. The committee also looked ahead to COP21 in Paris later this year, where a new universally binding climate agreement is expected to be concluded.  In his opening remarks, Solomon Asamoah, Vice-President, Infrastructure, Private Sector and...

COP23: Update on the AfDB’s Climate Actions 2017

A panel on the African Development Bank’s Climate Actions in 2017 was held on Sunday, November 12, as a pre-forum of the COP23 Nationally Determined Contributions (NDC) Partnership Forum at Deutsche Welle in Bonn, Germany. The event was designed to update stakeholders on the Bank’s activities and achievements in the climate change space in 2017 as well as to inform stakeholders of some exciting new initiatives. Anthony Nyong, the Director of the Bank’s Climate Change and Green Growth Department, introduced the Africa NDC Hub. The Africa Nationally Determined...

Newsletter FCCA - N°1 - Janvier-Juin 2017


Fonds pour les changements climatiques en Afrique : 2e appel à projets

Le Fonds pour les changements climatiques en Afrique (FCCA), hébergé au sein du Département en charge des changements climatiques et de la croissance verte de la Banque africaine de développement (BAD), lance un nouvel appel à projets. L’enveloppe budgétaire de cet appel à projets s’élève à 5 millions de dollars EU, sous la forme de dons, et concerne les seuls projets et programmes d’un coût entre 250 000 et 1 million de dollars EU. Domaines cibles et thèmes Le FCCA recherche des projets innovants et percutants, à même d’aider les pays africains dans leur transition vers un...

ACCF Annual Report 2016

Although the African continent contributes the least to global greenhouse gas emissions, it is highly vulnerable to climate change impacts. African countries have set out ambitious commitments towards climate adaptation and mitigation in their Nationally Determined Contributions (NDCs), many of which will require significant climate finance and other support in order to be achieved. However, Africa currently receives less than three percent of total climate finance flows, well below the estimated needs.

Le Fonds pour le changement climatique en Afrique monte en puissance grâce à de nouvelles contributions de l'Italie et de la Flandre

Le Conseil d'administration de la Banque africaine de développement (BAD) a approuvé, le 15 mars 2017, la conversion du Fonds pour les changements climatiques en Afrique (FCCA) en un fonds fiduciaire multi-donateurs. Le FFCA avait été créé en 2014 avec une dotation initiale de 4,725 millions d'euros du gouvernement allemand. Ce changement apporte deux nouveaux partenaires au Fonds, les gouvernements de l'Italie et de la Flandre (Belgique), qui contribuent respectivement pour 4,7 millions d'euros et 2 millions d'euros. Au-delà, cela ouvre la porte à de futurs partenariats avec d’...

Lutte contre le changement climatique : favoriser un accès direct aux financements en Afrique

« Sur les 331 milliards de dollars EU de flux mondiaux du financement octroyés en faveur du climat, seulement 3,6 % ont été affectés à l’Afrique. 3,6 % seulement, malgré la vulnérabilité de l’Afrique aux changements climatiques, c’est que quelque chose ne va pas ». Tel est l’avis de Luc Gnacadja, représentant spécial du Conseil d’administration du Mécanisme de financement de l’adaptation des modes de vie au climat local (Local Climate Adaptive Living Facility – LoCAL). Au cours d’une table ronde tenue jeudi 10 novembre 2016 au Pavillon...