AfDB - African Development Bank Gro

$122,900,000.00 CAD

≈ $2.97 for every person in Canada ≈ 1,588 Canadians' average pay for a year
Department
Global Affairs Canada
Program
Recipient country
Canada
Fiscal year
2020-2021
Agreement period
March 30, 2021 – March 31, 2046
Reference
CA-3-P006570001

Published purpose

This project aims to catalyze public and private sector investments in climate change mitigation and adaptation across Africa, while promoting gender-responsive, sustainable economic development. The Canada-African Development Bank Climate Fund (CACF) seeks to reduce greenhouse gas emissions by scaling up renewable energy, supporting energy efficient projects, and developing green infrastructure and sustainable cities (e.g. waste management, urban transport, green infrastructure, and digital solutions). Additionally, the CACF intends to support climate change adaptation and build climate resilience.

In plain English AI-generated

This project funds the Canada-African Development Bank Climate Fund to support climate change mitigation and adaptation across Africa, including renewable energy, energy efficiency, green infrastructure, and climate resilience, with a focus on gender-responsive sustainable development.

Category: Climate Primarily funds activity outside Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from Global Affairs Canada IATI data