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Next Generation Africa Climate Business Plan​

Africa Climate Resilient Investment Facility (AFRI-RES)

About​

Under the Next Generation Africa Climate Business Plan, knowledge generation plays a critical role in driving transformational climate action. Not only does this require robust analytics to better assess and understand climate risks but also sustained capacity building efforts to influence change. Specialized sector or thematically focused trust funds, such as the Africa Climate Investment Facility (AFRI-RES), are important resources for doing just that.​

AFRI-RES is a partnership between the Africa Union, African Development Bank, the United Nations Economic Commission for Africa (UNECA) and the World Bank Group that was established with support from the Nordic Development Fund (NDF). It seeks to set up an Africa-based centre of technical competence and excellence to assist governments, planners and private developers in Africa to integrate climate change in project planning and design, thereby attracting funding from both development and climate finance sources.​

AFRI-RES will develop a range of products from guidelines to sector-specific checklists to trainings that build upon the lessons, experience, and good practices of initiatives that are driving impact at scale.​

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Component 1

Project level Technical Assistance

The World Bank provides catalytic grants to World Bank teams to further embed climate resilience in the design phase of their projects. ​

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Component 2

Outreach, dissemination and training

A range of activities will be undertaken by UNECA to encourage behavioural change on climate-resilient investment planning, including workshops and webinars targeted to specific practitioners, financiers and the private ...

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Component 3

Guidelines, standards, and good practice notes ​

The World Bank is developing an online toolkit that provides users with a systematic method to discuss and measure climate resilience in projects, as well as sector specific checklists and a lessons learned note.​

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Component 4

Climate knowledge and data portal​

UNECA is creating an online repository of knowledge for climate-resilient investment planning and design in Africa. ​