CAD 132.9 million
Mr. Leandro Azevedo, Principal Climate Finance Officer, CACF Coordinator
The Canada – African Development Bank Climate Fund (CACF) is a Special Fund established in 2021 and structured as a blended climate change facility including an Investment Facility aimed at extending concessional loans to eligible climate change projects plus a Technical Assistance Facility that seeks to address the increased complexity, coordination requirements and reporting obligations related to climate change projects.
The objective of CACF is to extend large-scale, long-term concessional loans to climate mitigation and adaptation projects that embed gender equality principles throughout the various phases of the project cycle, particularly the empowerment of women and girls.
The Government of Canada and the African Development Bank
CACF’s governance structure was developed with the goal of allowing the Bank to quickly and effectively provide support to eligible projects while meetings its procedural requirements and avoiding situations of conflict of interest that can damage the Bank’s reputation and our partnership with Canada.
See here.
Africa