AfDB’s department launches $5m climate change finance package

The Africa Climate Change Fund (ACCF), housed in the Climate Change and Green Growth Department of the African Development Bank (AfDB), has launched a call for proposal from governments; agencies; and persons involved in climate change projects development.

ACCF said the funding envelope available for this call is worth $5 million in the form of grants, and that it was seeking concept notes for projects and programmes in the range of $250,000 to $ 1 million.

It explained that it was looking for innovative and impactful proposals that will support African countries to transition to climate resilient; low carbon development; and scale-up access to climate finance.

It also noted that priority will be given to proposals that are focused on thematic areas which include supporting direct access to climate finance; and supporting small–scale or pilot adaptation initiatives to build resilience of vulnerable communities.

“Proposals should be aligned with the priorities of the Bank, including the 10-year strategy (which aims for inclusive growth and a transition to green growth) and the High-Five priorities (which aim to light up and power Africa, feed Africa, industrialize Africa, integrate Africa, and improve the quality of life for the people of Africa), as well as with the Nationally Determined Contributions (NDCs) and the National Adaptation Plans (NAPs) or related adaptation strategies of the beneficiary countries,” said the ACCF in a statement.

According to it, African governments; regional organizations; funds; non-governmental organizations (NGOs) and research institutions; as well as Bank departments, would be eligible to apply in the scheme.

It added that proposals from consortia would be allowed, as long as all members of the consortium are eligible beneficiaries.