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Zambia is among 14 African countries soon to benefit from
the African Development Bank –AfDB’s multi-million dollars climate change
financing for next year.
The bank is since exploring ways of getting the
respective financing, with Norway and South Korea as possible financiers.
According to the AfDB, a delegation from the Nordic
Development Fund will be visiting the Bank in mid-January 2012.
The purpose of the visit is to present new strategy and
operational guidelines for accessing funding for climate mitigation and
adaptation activities.
The NDF can provide grants of up to $4 million for
climate change project components covering technical assistance and capacity
building activities as well as hard investments where appropriate.
The bank will also host the Korea-based Global Green
Growth Institute in the first quarter of 2012 to discuss means of supporting
regional member countries develop green growth strategies.
The AfDB has further named the enlisted recipient
countries as Ghana, Benin, Burkina Faso, Cape Verde, Ethiopia, Kenya, Malawi,
Mozambique, Rwanda, Senegal, Tanzania, Uganda, Zambia and Zimbabwe.
Eligible areas of work, the bank has indicated include
infrastructure and energy, natural resource management and climate
change-related capacity building.
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