Fund to fight Climate Change in Africa becomes operational in 2013
The fourth meeting of the Board of Programme Directors of the Climate for Development in Africa Initiative (Clim-Dev) has been held in the Tunisian capital Tunis.
Hosted by the African Development Bank (AfDB), on March 6 and 7, 2013, the high-level meeting marked a turning point in Africa’s fight against climate change, particularly in Africa itself.
As a result of the meeting, the Clim-Dev Special Fund (CDSF) – an ad hoc investment fund set aside to finance climate change activities in Africa, becomes operational this year.
According to AfDB, in addition to the Fund, resources and the possibility of disseminating robust and viable statistical data on climate and its evolution in Africa, CDSF will finance concrete operations on the ground.
Meanwhile, 14 projects are being reviewed under the Climate for Development initiative in Africa currently.
Established in 2009 under the joint auspices of AfDB, AUC and UNECA, the Clim-Dev Africa Initiative was launched in 2012 and its initial resources further enhanced by contributions made by African, Caribbean and Pacific Group (ACP) countries in February 2013.
Whereas management of the Clim-Dev Special Fund has been entrusted to the African Development Bank, Clim-Dev Africa is managed by the Department of Agriculture and Agro-Industry (OSAN) within the AfDB.
Some 30 other delegates alongside AfDB Managers and Bank experts participated in the Tunis meeting, representing the African Union Commission (AUC), the United Nations Economic Commission for Africa (UNECA), African Regional Economic Communities (RICs), as well as the donor community and civil society organisations.
AUC Commissioner for Rural Economy and Agriculture, Tumusiime Rhoda Peace, Fatima Denton, Officer-in-charge of climate change adaptation programmes in Africa undertaken by the International Development Research Centre (IDRC), and Abdirahman Beileh, Director of the AfDB’s Agriculture and Agro-Industry Department, were also in attendance.
By Edmund Smith-Asante
Fund to fight Climate Change in Africa becomes operational in 2013
The fourth meeting of the Board of Programme Directors of the Climate for Development in Africa Initiative (Clim-Dev) has been held in the Tunisian capital Tunis.
Hosted by the African Development Bank (AfDB), on March 6 and 7, 2013, the high-level meeting marked a turning point in Africa’s fight against climate change, particularly in Africa itself.
As a result of the meeting, the Clim-Dev Special Fund (CDSF) – an ad hoc investment fund set aside to finance climate change activities in Africa, becomes operational this year.
According to AfDB, in addition to the Fund, resources and the possibility of disseminating robust and viable statistical data on climate and its evolution in Africa, CDSF will finance concrete operations on the ground.
Meanwhile, 14 projects are being reviewed under the Climate for Development initiative in Africa currently.
Established in 2009 under the joint auspices of AfDB, AUC and UNECA, the Clim-Dev Africa Initiative was launched in 2012 and its initial resources further enhanced by contributions made by African, Caribbean and Pacific Group (ACP) countries in February 2013.
Whereas management of the Clim-Dev Special Fund has been entrusted to the African Development Bank, Clim-Dev Africa is managed by the Department of Agriculture and Agro-Industry (OSAN) within the AfDB.
Some 30 other delegates alongside AfDB Managers and Bank experts participated in the Tunis meeting, representing the African Union Commission (AUC), the United Nations Economic Commission for Africa (UNECA), African Regional Economic Communities (RICs), as well as the donor community and civil society organisations.
AUC Commissioner for Rural Economy and Agriculture, Tumusiime Rhoda Peace, Fatima Denton, Officer-in-charge of climate change adaptation programmes in Africa undertaken by the International Development Research Centre (IDRC), and Abdirahman Beileh, Director of the AfDB’s Agriculture and Agro-Industry Department, were also in attendance.
By Edmund Smith-Asante