AfDB launches €33million ClimDev Africa Special Fund

By Kofi Adu Domfeh

The African Development Bank (AfDB) has launched a €33million Fund on the sidelines of the Fourth Conference on Climate Change and Development in Africa (CCDA-IV) in Marrakech, Morocco. The ClimDev Africa Special Fund is aimed at building regional capacities in climate information gathering and dissemination to overcome challenges posed by climate change.

The first ‘Call for Proposals’ offers private and public sector institutions and organizations the opportunity to access financing to build viable, reliable and regular climate information sources. The Coordinator for Special Initiatives at the AfDB, Ken Johm, says though the Fund is not enough to meet climate information needs of Africa, he hopes it will “be demonstrative enough that others can also benefit and learn from such experiences”.