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November 2013 - Progress report on the implementation of the Climate Change Action Plan 2011–2015
The Climate Change Action Plan (CCAP) of the African Development Bank (AfDB, or Bank) sets out the path towards climateresilient, low-carbon development for Africa and provides guidance for improved access to climate finance. It calls for the establishment of an enabling environment for addressing climate change, policy and institutional reforms and capacity development to ensure effective implementation of the adaptation and mitigation actions. The cross-sectoral nature of the climate change challenge requires a high level of commitment by different departments within the Bank and by national governments, to effectively address and integrate the associated risks into national development planning processes. The Bank intends to invest about UA 6.4 billion (USD 9.6 billion) in the implementation of the CCAP over the 5-year period 2011–2015.