AfDB renews support of climate change resilience with additional resources from Least Developed Countries Fund
| By Maureen Chigbo | May 27, 2013 @ 01:00 GMT
THREE African countries – Madagascar, Benin and Angola – have benefited from the African Development Bank, AFDB, renewed support for climate change resilience. The countries received a total of $17.8 million climate change adaptation finance in the form of grants from the Least Developed Countries Fund, LDCF, the second quarter of 2013. This follows the approval last March of $18.6 million for three water and sanitation projects.
A breakdown of the figure showed that Madagascar will receive $6.2 million to promote climate change adaptation by ensuring that agricultural water infrastructure planned with African Development Fund support is modified to be resilient in the face of climate change. It will ensure that the vulnerability of the agriculture catchment to cyclones and flooding is reduced, and that local agricultural livelihoods are adapted to climate change through water management and health interventions.
Benin will receive $7.2 million to allow flood control and climate resilience of agriculture infrastructures in Oueme Valley. Under this project, flooding risk mapping and climate resilient agriculture infrastructures like dykes will be promoted along with flood resistant grain storage systems.
Angola will receive $4.4 million to increase the scope of the four pilot demonstration centres to climate change technology for sustainable development.
The Council of the Least Developed Countries Fund, LDCF, hosted under the Global Environment Facility, GEF, has approved financing totaling $17.8 million for three agriculture and natural resource management projects. These projects aim at increasing the adaptation capacities of three African countries.
This approval represents a major step forward in the engagement of the African Development Bank to support efforts to make African countries’ resilience to climate change.
The LDCF was established under the UN Framework Convention on Climate Change, UNFCCC, to finance the preparation and implementation of National Adaptation Programmes of Action, NAPAs.