1. Libreville, Gabon, 14th to 16th November 2018
Ist CENTRAL AFRICA HYDROMET FORUM
Libreville, Gabon, 14th to 16th November 2018
FINANCING WEATHER, CLIMATE, WATER AND EARLY WARNING SERVICES IN CENTRAL AFRICA
Justus Kabyemera, PhD
Coordinator, ClimDev Africa Special Fund
African Development Bank

2. Climate Finance in the Paris Agreement
Calls on developed countries to provide at least $100 billion/year by 2020, BUT recent analysis shows that achieving this goal will be challenging.
Clear signal of the need to scale up and shift investments wards a low-carbon trajectory, including both public and private finance
Important role of pubic sector in mobilizing scaled up private investment
Need to scale up finance for adaptation
African countries have made ambitious commitments in their NDCs to strengthen resilience to climate change and transform their economies onto low carbon trajectories.
However, most of these commitments are conditional on substantial climate finance support from developed countries

3. Total climate finance breakdown by region, 2015/16 in USD billion
Two figures:
12/410 = 3%
12 + (8/2) / 410 = 4%
Over 2015–2016, 79% of finance was raised in the same country in which it was spent.

4. Total MDB Climate Finance, 2017 (in US$ million)
Source: Joint Report on Multilateral Development Banks Climate Finance, June 2018
MDB
ADAPTATION FINANCE
MITIGATION FINANCE
MDB CLIMATE FINANCE
ADB
998
4,236
5,234
AfDB
783
1,564
2,347
EBRD
497
4,105
4,601
EIB
150
5,327
5,477
IDBG
840
3,508
4,348
WBG
4,084
9,129
13,213
Total
7,352
27,868
35,219

5. AfDB’s Africa NDC Hub: NDCs Financing Mechanism
The AfDB’s has established the Africa Nationally Determined Contributions (NDCs) Hub to serve as a resource pool for Regional Member Countries (RMCs), and to coordinate various sector activities with a view to fulfilling obligations related to the Paris Agreement.
The Hub particularly focuses on three key support areas:
1.  Fostering long-term climate action – this entails analytical work to align  country-NDCs with national development agenda, its voluntary contributions, and to explore options to raise ambition necessary for low carbon and climate resilience growth on a long-term trajectory.
2.  Mobilizing means for implementation – finance, capacity building, technology development and transfer. The Hub will engage global climate funds and the private sector to cater for both conditional and unconditional pledges of African NDCs; and
3.  Coordination, Advocacy and Partnerships – the Hub will provide a platform for coordination of NDC support activities on the continent for the efficient use of limited resources. 

6. Climate Finance Instruments at the Bank

7. Existing climate funds at the AfDB
Bank-managed trust funds:
Africa Climate Change Fund (ACCF)
Sustainable Energy Fund for Africa (SEFA)
Clim-Dev Africa Special Fund (CDSF)
African Water Facility (AWF)
International funds for which Bank is implementing agency:
Green Climate Fund (GCF)
Global Environment Facility (GEF)
Climate Investment Funds (CIF)
Adaptation Fund (AF)

8. Date Grant agreement signature Date End of Grant agreement
Status of Implementation of the SAWIDRA-Regional Climate Centre Projects N°
Program Description
Country
Institution
Approved Amount
Disbursement
Date of approval
Date Grant agreement signature
Date End of Grant agreement
Status 1
Information Satellitaire et Météorologique pour la réduction des risques de catastrophes en Afrique de l'Ouest (SAWIDRA-AO)
NIGER
AGRHYMET
3,899,500.00
1,282,080.00
07/07/2016
24/11/2016
31/12/2019
Implementation in Progress 2
Information météorologique par satellite au service de la résilience aux catastrophes en Afrique (SAWIDRA)
ACMAD
5,790,000.00
917,900.00
14/12/2016
23/03/2017 3
Satellite and Weather Information for Disaster Resilience in Eastern Africa (SAWIDREA)
KENYA
ICPAC
2,467,170.30
417,434.00
16/12/2016
07/04/2017
31/08/2020 4
Southern African Regional Climate Information Services for Disaster Resilience Development (SARCIS-DR)
BOTSWANA
SADC - CSC
3,198,600.00
399,800.00
04/06/2017
11/08/2017 5
Information satellitaire et Météorologique pour la réduction des risques de catastrophes en Afrique Centrale (SAWIDRA-AC)
CAMEROUN
CAPC - AC
3,430,000.00
274,222.36
10/04/2017
05/02/2018
31/12/2020
TOTAL
18,785,270.30
3,291,436.36

9. Climate Finance at the African Development Bank
The Climate Finance Team coordinates and leads the implementation of different Facilities that provide multiple instruments (grants, concessional debt, equity, etc.) which ultimately enhance project bankability, build resilience to climate change and support transition to green growth in Africa
AfDB’s role
Bank’s Own Trust Fund
External Funds
(AfDB Implementing Entity)
Africa Climate Change Fund
ClimDev Africa Special Fund
Green Climate Fund
Climate Investment Funds
The Global Environment Facility
The Adaptation Fund
Sustainable Energy Fund for Africa

10. Financial Instruments at each project cycle
These are targeted at different stages of the project development cycle and up to financial close. These range from preparation grants to long-term project financing instruments as well as equity and insurance products (e.g. guarantees).
AfDB maximizes value-added by ensuring complementarity across different facilities and its own financial products.
Public Sector
Preparation and
Enabling Environment
Project
Development Phase
Project Finance Phase
∎ Grants for Technical Assistance and Capacity Building for Public Sector clients
∎ Grants for Technical Assistance and Capacity Building for Private and Public Sector clients
∎ Grants
∎ Sovereign Guaranteed Loans
∎ Senior Concessional Loans
∎ Subordinated Concessional Loans
∎ Guarantees (PRGs, PCGs)
∎ Indirect Equity
∎ Junior Equity

11. Challenges for Accessing Climate Financing
There are a number of significant challenges (risks and barriers) that limit access to climate finance, including:
Non institutional set ups of most grassroots institutions/agencies.
high up-front costs for infrastructure, skills development and strengthening of institutions.
Difficulties in accessing relevant data and information
Special requirements to access global climate funds.

12. Opportunities: New and Additional Climate Financing Mechanisms
Within the framework of the NDCs - need to mobilize new and additional domestic, international public and private resources through:
Leveraging domestic and international private financial flows
Blend Funds
Co-financing
Weather Index Insurance - Africa Disaster Risks Financing (ADRiFi) Programme - to boost climate risk financing and insurance for African countries in collaboration with ARC

13. THANK YOU FOR YOUR ATTENTION