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The Case for AfDB’s Climate Action in Africa

The Case for AfDB’s Climate Action in Africa. AfDB Partnership Forum March 2010. African Development Bank. The Case for AfDB’s Climate Action in Africa. Climate Change: the challenges and opportunities for Africa AfDB’s CC Action Plan 2010-2014: Key Expected Results

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The Case for AfDB’s Climate Action in Africa

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  1. The Case for AfDB’s Climate Action in Africa AfDB Partnership Forum March 2010 African Development Bank

  2. The Case for AfDB’s Climate Action in Africa • Climate Change: the challenges and opportunities for Africa • AfDB’s CC Action Plan 2010-2014: • Key Expected Results • Indicative Investment Plan • Resources Gaps

  3. 1. Climate Change: The Challenges for Africa • Africa is the least responsible but most vulnerable region to the impacts of climate change • Vulnerability comes largely from natural fragility, high dependence on agriculture sector, poor developed infrastructure, rapid pace of urbanization, risks of further fragility in some states • Climate change is for Africa a core development issue and sound development is key to coping with current and future climate variability • Adaptation is essential to manage climate change impacts and maximize development outcomes but… • Mitigation is also very important: a green growth path under a conducive global policy and financing framework can make a big difference to the Continent

  4. 1. Climate Change: The Challenges for Africa

  5. 1. Climate Change: The Opportunities for Africa • There are many opportunities in hydro-electric power, geothermal, wind energy, and in the longer run, large scale opportunities from solar energy • Africa has opportunities from reduced gas flaring in a number of countries, and from increased energy efficiency and transmission losses • Biofuels production (in idle land) presents an opportunity for African nations to develop a new export market and increase export revenues, improve agricultural employment, incomes ad livelihoods, especially when cultivation involves small-scale farmers • Global markets and financing opportunities to pursue a green growth path

  6. 2. AfDB’s Climate Change Action Plan 2010-2014

  7. 2. AfDB’s CC Action Plan: Key Expected Results

  8. 2. AfDB’s CC Action Plan: Key Expected Results

  9. 2. AfDB’s CC Action Plan: Indicative Investment Plan

  10. 3. Resources Gaps • Overall funding gap for the CC Action Plan will be established after GCI and ADF-12 processes are finalized but… • …there are large TA needs in RE, EE, multi-modal/mass rapid transit systems, climate finance, CC economics, regional PPP’s, forestry… • …and projects to be fully financed and co-financed. Examples: • AAA/TA (mitigation): • Green Growth Strategy for Africa • NAMA’s development • REDD policy frameworks • Urban/transport master plans • Climate finance (e.g. new carbon finance products) • AfDB’s knowledge and screening tools (e.g. EE) • Projects/Funds: • Africa CC Fund • CC Action Plan pipeline of projects

  11. 3. Resources Gaps • AAA/TA (Adaptation): • CRMA in small-island states • Climate-proofing small-scale infrastructure • Weather monitoring and early warning and response systems • Investment policy reform for stimulating use of adaptation technologies • Land tenure legal/policy reform • AfDB’s knowledge and screening tools • Projects/Funds: • ClimDev Africa • CC Action Plan pipeline of projects

  12. Principles of Engagement • Start with high risk countries where there is strong client and demand • Use a mix of instruments adjusted to country realities to attain goals • Support country systems and priorities, build ownership and participation of all key stakeholders • Work with development partners and regional institutions to deliver competency building and TA which is linked to the investment portfolio • CC integrated in AfDB’s policy and strategic work (e.g. sector strategies, CSP’s, RISP’s) • Improved portfolio tracking of AfDB’s CC investments; establishment of an outcome-based results framework and consultative process for progress review and update

  13. The Case for AfDB’s Climate Action in Africa Vision: Africa – a land of new climate change initiatives & opportunitieswith AfDB the key partner forpromoting sustainable development under low carbon paths

  14. 1. Climate Change: The Challenges for Africa • North Africa: crop failures, desertification, and water resources stress expected to cause economic losses and climate-induced migration • West Africa • Sahel: Further drying possible, shortening of growing period • Guinea Coast: Sea Level Rise, decrease in precipitation • Horn of Africa: Heat waves, small precipitation gains largely offset by high temperatures, shortening of growing period • East Africa:Increase in Precipitation (strongest model agreement!), More intense rainfall events (flood risk!), drought risk continues • Central Africa: More intense rainfall events expected • Southern Africa: Drying trend over large parts of region, flood and drought risk E/Central S. Africa: CYCLONES intensify (most at risk: Mozambique, Madagascar) • Sea Level Rise • Most exposed: Densely populated Guinea Coast and low lying islands • Key Countries: Gambia, Guinea-Bissau, Senegal, Ghana, Liberia, Sierra Leone, Nigeria, Benin, Togo, Cote d’Ivoire, Cameroon

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