AFDB secures $151m for African Horn climate resilience

The Green Climate Fund has approved $151 million to fund a major resilience programme led by the African Development Bank (AFDB) to combat climate vulnerability in the Horn of Africa.

The funding, approved at the Fund’s 39th Board meeting, includes a $90.7 million grant and a $60.3 million loan.

The Building Climate Resilience for Food and Livelihoods in the Horn of Africa program aims to benefit 4.6 million people across Djibouti, Somalia, Kenya, Ethiopia, and South Sudan.

The programme will focus on sustainable land management, climate-smart technologies, renewable energy, and capacity-building initiatives.

Over the project’s 25-year duration, it is expected to sequester 14.1 metric tons of carbon dioxide equivalent, reducing emissions equal to those of 600,000 cars.

The African Development Bank will oversee the programme, set to begin in early 2025, with implementation by the five target countries’ finance and agriculture ministries over six years.