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African Development Bank Group

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The African Development Fund's new Climate Action Window, for strengthening Africa's climate resilience

Africa, which suffers the most from the effects of climate change – while polluting the least, accounting for just 2.8% of world greenhouse gas emissions – is the continent that receives the least climate finance: less than 3% of total global climate finance.
In response to this urgent need to boost climate finance flow to support Africa's development and promote a resilient and low-carbon development pathway, the African Development Fund and its partners have committed a total package of $ 8.9 billion to its 2023 to 2025 financing cycle. Of this package, which represents a 14.24% increase over the previous replenishment of $7.4 billion, $429 million is earmarked as seed money for the new Climate Action Window to reach up to $13 billion from traditional and non-traditional partners, as well as state and non-state, including the private sector.
African low-income countries are the most vulnerable and least prepared to tackle climate change, the new funds would support the development of sustainable, climate-resilient and quality infrastructure.



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38 more agrees trigger social media ads

  • Tabitha Kimani

    59 w

    Funding to enable take the right actions is very important.

    1
    • Gorffly mokua

      60 w

      This gives hope in Africa.

      12
      • George Kariuki

        60 w

        This is a positive step towards addressing the climate crisis in Africa.

        17

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