African Adaptation Benefit Fund (ABM / AABF)

Climate Fund
iSustain score 70

The ABM is an innovative mechanism for mobilizing new and additional public and private sector finance for enhanced climate change adaptation action. It has the potential to speed up transformation to low-carbon, resilient and sustainable development of the host countries by giving value to resilience. ABM will contribute directly to the establishment of a new business model for adaptation and the achievement of: The Sustainable Development Goals; The Adaptation and Climate Finance goals of the Paris Agreement; The UNFCCC long-term finance goal; Adaptation and resilience goals and needs of developing countries expressed in, amongst others, Nationally Determined Contributions, National Adaptation Plans, Technology Action Plans and Long-term strategies for low-emissions, resilient and sustainable development. More about the African Adaptation Benefit Fund can be found here

Geographic focus

Central Africa
East Africa
Middle East
North Africa
Pan-African
Southern Africa
Sub-Saharan Africa
West Africa

Sector appetite

Agriculture
Coastal Resilience
Energy
Gender
Oceans
Renewable Energy
Sustainable Agriculture
Youth

Fund size

The ABM measures the contribution towards adaptation finance from donors and investors in order to contribute towards developed countries’ Copenhagen pledge to mobilize US $100 billion by 2020, 50% for adaptation.

Eligible recipients

Private sector
Public entity at the national level
Public entity at the sub-national level

Co-financing requirement

No formal co-financing requirement

Instruments & open calls

What a client can actually approach this organisation for, and how access works.

No instruments or open calls profiled yet for this organisation.

Members-only detail for African Adaptation Benefit Fund (ABM / AABF)

Membership unlocks the iSustain score and how it was built, the access difficulty rating and expected timeline, typical ticket sizes, readiness requirements, partnership preferences, contact routes and the full detail of profiled instruments and open calls, including eligibility and how to apply.