Quick Facts

Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • African Development Bank (AFDB)
Status: Active
Bank Risk Rating: U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Climate and Environment
  • Energy
  • Technical Cooperation
Project Cost (USD): $ 9.29 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ AFDB website
Updated in EWS: 2017-09-22
AFRICA CLIMATE TECHNOLOGY CENTER
AFDB-P-Z1-K00-056

Project Description
The objective of this pilot project is to support Sub-Saharan African (SSA) member countries in scaling-up the deployment of low-carbon and climate resilient technologies for climate change mitigation and adaptation by: (1) enhancing networking and knowledge dissemination with respect to climate technology transfer and financing; (2) enabling the scaling-up of technology transfer through policy, institutional and organizational reforms of the country and regional enabling environments; and (3) integrating climate change technologies into investment programs and projects. As a pilot project, the activities focus on the energy sector for climate change mitigation measures, and on the water sector for adaptation measures. This project is part of a GEF initiative to establish regional climate technology and finance centers with the regional multilateral development banks. It is financed by set aside funds from the GEF trust fund (GEFTF) and the Special Climate Change Fund (SCCF). In that context, the Bank will implement the project through the execution of a grant of USD 9.09 million from GEFTF and USD 5.25 million from SCCF. The Bank is expected to contribute through its administrative budget to the project management costs.
Investment Description
Contact Information
ACCOUNTABILITY MECHANISM OF AfDB The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/.