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.