Funding : Submit Mitigation Project Proposals for the African Development Bank Fund
The African Development Fund (ADF) has unveiled the second invitation for proposals via its Climate Action Window (CAW) at the 59th Annual Meetings of the Board of Governors of the African Development Bank Group in Nairobi.
This effort seeks to assist 37 low-income and vulnerable African nations in securing climate finance to address the effects and challenges posed by climate change.
Context
Establishment of the Climate Action Window
The inception of the CAW occurred during the 16th replenishment of the African Development Fund (ADF-16) with the aim of providing financial assistance to African nations most impacted by climate change. This funding mechanism plays a pivotal role in enabling these countries to enhance their resilience to climate-related challenges and advance sustainable development goals.
Initial Call Achievements
Strong Response
The first call for proposals under the CAW witnessed a robust response, with 359 eligible submissions totaling $4 billion. This enthusiastic participation underscores the urgent need for climate adaptation and mitigation initiatives throughout Africa.
Financial Assistance
During the inaugural donor meeting, African Development Bank Vice-President Kevin Kariuki highlighted the approval of $13.3 million from the Bank’s net income for the CAW, demonstrating the institution’s dedication to climate action.
Don’t miss out on the application deadline which is July 8, 2024, at 11:59 GMT.
Scroll down and click on the official link to apply.
Additional Information
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