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Africa Climate Change Fund (ACCF)

The objective of the Africa Climate Change Fund is to support regional member countries (RMCs) in their transition to a more climate-resilient and low-carbon mode of development; to prepare to access greater amounts of climate finance and use of funds received more efficiently and effectively; and to allow the bank to scale up its climate change activities.

Support provider

The ACCF was established with an initial contribution of EUR 4.725 million from Germany, and subsequently benefited from an additional funding commitment of EUR 4.7 million from the government of Italy and a commitment of EUR 2 million from the government of Flanders, Belgium, bringing the total contributions to the ACCF since its inception to over EUR 11.4 million.

Purpose of support

Project and program implementation

Eligible countries and regions

The African countries that are eligible are the regional member countries of the African development Bank.

Eligibility criteria

External beneficiaries: African governments (including sub-national, local and municipal governments), African regional organizations (intergovernmental organizations, regional organizations from the public sector. UN Agencies may be considered on a case-by case basis), African Funds (Funds must be legally registered in an African country. Private sector (for-profit) funds are not eligible), non-governmental organizations (NGOs) (please refer to the question on the eligibility of NGOs), African research institutions (institutes must be legally registered in an African country, and must have demonstrated credibility and track record).

Internal beneficiaries: African Development Bank departments (bank departments may submit proposals directly, or may work with eligible external beneficiaries to support them in preparing high quality proposals)

The ACCF is seeking innovative and impactful proposals that will support African countries to transition to climate resilient, low carbon development, and scale-up access to climate finance. Priority will be given to the following themes: supporting direct access to climate finance (including supporting the development of high quality, bankable projects aligned with African countries’ NDCs and NAPs or related adaptation strategies); supporting the identification and strengthening of national institutions to access the GCF; supporting small–scale or pilot adaptation initiatives to build resilience of vulnerable communities with a focus on promoting access to clean energy, promoting climate-resilient agriculture and economic diversification, creating opportunities for youth and women in low-carbon sectors, and improving access to water and sanitation.

In addition, proposals should be aligned with the priorities of the Bank, as well as the development and climate-related priorities of the targeted country.

Financial instruments

Grants

Co-financing requirements (if applicable)

Counterpart financing of at least 5% for external beneficiaries and 10% for Bank departments is strongly encouraged to demonstrate commitment and ownership by the project proponent. For external proponents, counterpart financing may be in the form of in-kind contributions.

Decision-making information

The governance structure of the ACCF includes: a secretariat hosted within ONEC3, a technical committee, the donor and, when necessary, the Bank’s Board of Directors.

Information on how to...

A proposal must be submitted to the Secretariat during a call for proposals. The proposals are peer reviewed by two Bank experts. More information and eligibility criteria can be found here.

Climate objective

Adaptation, Mitigation, Cross-cutting

Sectors and themes

Agriculture, Cities, Disaster risk reduction, Energy efficiency, Gender, Industry and Infrastructure, Nature-based Solutions and Ecosystem Services, Oceans and Coasts, Renewable Energy, Rural Development, Transport, Waste Management, Water

Type of support provider

Multilateral

Type of recipient

Public entity at the national level, Public entity at the sub-national level, Public entity at the regional level, International organization, Non-profit or civil society organization, Community-level organization

Fund size

USD 24.64 million mobilized

Co-financing required

Yes

Trustee or administrator

African Development Bank (AfDB)

Contact information

https://www.afdb.org/en/topics-and-sectors/initiatives-partnerships/africa-climate-change-fund

Audrey-Cynthia YAMADJAKO - ACCF Coordinator – a.yamadjako@afdb.org

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Africa Climate Change Fund (ACCF)

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