Project profile — Canada-African Development Bank Climate Fund (CACF)
Overview
Overview
CA-3-P006570001 | |
$122,900,000 | |
African Development Bank Group (XM-DAC-46003) | |
2021-03-30 - 2046-03-31 | |
Operational |
Country / region
• Africa, regional (100.00%)Sector
• Energy Generation, Renewable ResourcesEnergy generation, renewable sources - multiple technologies (23210) (20.00%)
• Energy Generation, Renewable Resources
Solar energy (23230) (20.00%)
• Energy Generation, Renewable Resources
Wind energy (23240) (20.00%)
• Energy Generation, Renewable Resources
Geothermal energy (23260) (20.00%)
• Energy Generation, Renewable Resources
Biofuel-fired power plants (23270) (20.00%)
Policy marker
• Gender equality (significant objective)• Climate change mitigation (principal objective)
• Climate Change Adaptation (significant objective)
• Environmental sustainability (cross-cutting) (principal objective)
• Youth Issues (not targeted)
• ICT as a tool for development (not targeted)
• Children's issues (not targeted)
• Trade development (not targeted)
• Urban issues (not targeted)
• Indigenous Issues (not targeted)
• Desertification (not targeted)
• Biodiversity (not targeted)
• Participatory development and good governance (not targeted)
• Nutrition (not targeted)
• Disability (not targeted)
• Disaster Risk Reduction(DRR) (not targeted)
Description and results
Description
This project aims to catalyze public and private sector investments in climate change mitigation and adaptation across Africa, while promoting gender-responsive, sustainable economic development. The Canada-African Development Bank Climate Fund (CACF) seeks to reduce greenhouse gas emissions by scaling up renewable energy, supporting energy efficient projects, and developing green infrastructure and sustainable cities (e.g. waste management, urban transport, green infrastructure, and digital solutions). Additionally, the CACF intends to support climate change adaptation and build climate resilience.
Expected results
The expected outcomes for this project include: (1) reduced greenhouse gas emissions; (2) enhanced resilience of local communities in Africa to cope with climate change; and (3) enhanced participation by women in climate mitigation and adaptation-relevant sector or activities.
Results achieved
Financials
Financials
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Related information
Related information
Related activities • Fonds d’assistance technique Related links • Partner website — African Development Bank Group |
|
Global Affairs Canada | |
MFM Global Issues & Dev.Branch | |
Aid grant excluding debt reorganisation | |
Bilateral | |
Contributions to specific-purpose programmes and funds managed by implementing partners |
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