The
African Development Bank (ADB) has designated representatives from eighty government
institutions, civil society organizations and universities for training as
experts in developing climate financing proposals.
The trainees will pass on their knowledge to potential beneficiaries of the
Green Climate Fund, a $10 billion endowment set up in 2010 to help countries
implement their climate agenda through loans, equity, guarantees and grants.
The one hundred and twenty hour training programme is managed by the Climate
Change and Green Growth Department of ADB, with funding from the Korea-Africa
Economic Cooperation Trust Fund.
The scheme builds on ongoing work by ADB, the Green Climate Fund and other
partners to support the bank’s regional member countries to directly access
Green Climate Fund resources.
“The Green Climate Fund is expected to be a major source of climate
finance for the African continent. Accessing finance from the fund is
challenging because of the complexities of designing climate change projects to
fulfill the funding criteria. This training will boost capacity amongst African
nationally determined authorities, governments and consultants by training
trainers to run future training courses,” said Gareth Phillips, manager of
the environment and climate finance division in the department of climate change
and green growth at the ADB.
The Covid-19 pandemic has resulted in the training shifting from in-person to
online. This has the advantages of making it less costly to run and more carbon
efficient.
The project’s theory of change is based on three main components, which complement
ongoing work by the bank to enhance the capacities of several African countries
to access green climate fund resources through small grants from the Africa Climate Change Fund. These components
include: developing training materials and an online platform to support direct
access to the Green Climate Fund, training a pool of experts and certifying
them to support African governments and institutions and facilitating
south-south learning. Following a thorough independent selection process, eighty
participants were chosen, with approximately forty from English-speaking
countries and forty from French and Portuguese-speaking countries.