Grants and Contributions:
Title:
Canada AfDB Climate Fund (CACF) 2.0
Agreement Number:
7475063 P015053001
Agreement Value:
$140,000,000.00
Agreement Date:
Mar 13, 2026 - Mar 31, 2026
Description:
This project aims to catalyze public and private sector investments in climate change mitigation and adaptation across Africa, while helping developing countries transition to low-carbon, climate-resilient, nature-positive, and inclusive sustainable development. The Canada-African Development Bank Climate Fund (CACF) 2.0 seeks to address climate change with the broader effort to protect nature and address biodiversity loss. CACF 2.0 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. All CACF projects will explicitly and systematically implement gender equality considerations derived from gender equality analysis.
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes for this project include: (1) reduced greenhouse gas emissions; (2) enhanced resilience of local communities in Africa to cope with climate change; and (3) enhanced participation by women in climate mitigation and adaptation-relevant sector or activities.
Location:
ABIDJAN, CI
Reference Number:
064-2025-2026-Q4-0213
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
Not-for-profit organization or charity
Recipient's Legal Name:
AfDB - African Development Bank Gro
Program:
International Development Assistance program
Program Purpose:
The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.