The workshop aims to build capacity in climate finance for actors from national institutions in the public and private sectors, as well as civil society organizations.
The African Development Bank (www.AfDB.org) organized from February 21 to 24, in Douala (Cameroon), a training workshop for the benefit of fifty actors on climate finance.
The workshop, which also enabled a consultation of actors on a project relating to agriculture resilient to climate change, aimed to strengthen the capacities in climate finance of actors from national institutions in the public and private sector, as well as organizations of Civil society.
The themes addressed during the workshop focused on: general information on climate change, specificities of a climate project, sources of climate finance at national and international level, the Green Climate Fund (general presentation , accreditation process, process for setting up and developing a project admissible by the Fund), social and environmental safeguards and gender in a project submitted to climate funds.
The first version of a project on climate-resilient agriculture was the subject of discussions and contributions in order to improve its content.
The participants also identified around thirty climate-related projects. They began the process of filling in the concept note form for the Green Climate Fund, thus putting into practice the knowledge acquired on how to access this fund.
The Secretary General of the Cameroonian Ministry of the Environment, Prof. Paul Tchawa, thanked the African Development Bank and the African Climate Change Fund for funding and supporting the organization of the workshop, the results of which will help strengthen the implementation of the Nationally Determined Contribution ( CDN) of Cameroon. Teacher. Tchawa invited participants to continue identifying projects, so that in the short term, Cameroon has at least ten major climate projects likely to be accepted by the various financial partners.
“We will make good use of the knowledge acquired, especially for the development of climate projects with women as the main beneficiaries, as the group most vulnerable to the phenomenon of climate change”, declared Ms. Rose Pélagie Masso, of the antenna of the Network African Women for Community Forest Management in Cameroon, on behalf of the participants.
This training is part of a series planned by the Bank, to support regional member countries in their objectives of mobilizing climate finance for the implementation of NDCs. This, in addition to the commitment of the African Development Bank to increase its contribution to climate finance in Africa.
By APO Group for African Development Bank Group (AfDB)
About the African Development Bank Group :
The African Development Bank Group is the leading institution of thee financing for development in Africa. It comprises three separate entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Special Fund (NSF). Represented in 41 African countries, with an external office in Japan, the Bank contributes to the economic development and social progress of its 54 States regional members. For more information: www.AfDB.org
International Development Association (IDA) is the World Bank’s institution that helps the world’s poorest countries. Under the supervision of 173 shareholder countries, IDA aims to reduce poverty by providing loans (called “credits”) and grants for programs that stimulate economic growth, reduce inequality, and improve the lives of those most in need.
IDA is one of the largest donors to the world’s 75 poorest countries, 39 of which are in Africa, and is the largest source of donor contributions to social services in the world. base in these countries. IDA lends funds on concessional terms. This means that IDA loans bear very little or no interest and repayments are spread over 30 to 38 years, including a deferred amortization period of 5 to 10 years. IDA also provides grants to countries at risk of debt distress.
SOURCE
African Development Bank Group (AfDB)
