Africa Climate Change Fund (ACCF)

Document Summary: 

Organizational profile: The African Development Bank (AfDB) Group is a regional multilateral development finance institution established to contribute to the economic development and social progress of African countries that are the institution’s Regional Member Countries (RMCs). The Africa Climate Change Fund (ACCF) is a multi-donor trust fund managed by the Bank. The ACCF broadly aims to:
- Assist African countries to access larger amounts of climate finance and use funds provided more effectively;
- Help African countries to account for climate change in their growth strategies and policies, by means of upstream diagnostics and providing technical assistance;
- Provide capacity-building in climate change and green growth for African countries and stakeholders at national and regional levels.

Financing Instrument: Grants

Project scale: The ACCF funds projects ranging from US$250,000 – US$500,000.

Recipient countries regions/country groups: AfDB works across Africa. 

Eligibility Criteria: The ACCF currently funds projects through its demand driven window. These projects must be based on the following areas:
- Electrification of health centers in rural areas using renewable energy and energy  storage technologies;
- Low carbon management of medical and sanitary waste including hazardous waste incineration;
- Land restoration in collaboration with farmers especially in the Sahel; and
- Support to the development and implementation of Nationally Determined Contributions (NDCs) and Long-Term Strategies.

Application guidelines: The ACCF now funds submitted projects through its Demand Driven Window(DDW). The DDW reviews proposals on demand basis outside the periodic Calls for Proposals. Eligible beneficiaries are invited to submit a concept note to africaclimatechangefund@afdb.org, with the subject “ACCF concept note: short project title”.

Publication Date
Thursday, 01 April 2021
Applicable location
Africa
Topic/Theme
Climate change
Database
Financing opportunities