Menu

Description

There are four African SRDBs: Eastern and Southern African Trade Development Bank (commonly referred to as the PTA Bank), East African Development Bank (EADB), West African Development Bank (BOAD) and Ecowas Bank for Investment and Development (EBID) are operational in Africa in three separate Regional Economic Communities. 40 African countries are shareholders of the SRDBs.

The SRDBs have a mandate to contribute to regional integration and regional infrastructure development projects and some are incorporating climate change into strategic planning efforts. ECOWAS, for example, is in the process of developing a regional climate strategy and published an ECOWAS Guide to implementation of the Paris Agreement in September 2020 for its members states. Key challenges SRDBs face include weak institutional governance, lack of mandate clarity, and limited capacity and cross-regional communication. SDRBs are relatively financially stable and shareholding countries generally report satisfaction with their performance which makes them potentially suitable to mobilize more capital to finance the NDCs in Africa.

 Modest risk appetite Risk Appetite

Risk averse policy approach and/or mandated commercial returns required.

 Limited mandate to embed climate change in investment decisions Climate Mandate

Limited mandate to embed climate change strategy in investment decisions; climate harming investments prohibited.

 Restricted funding sources and limited ability to leverage funds Ability to Raise Funds

Limited mandate to embed climate change strategy in investment decisions; climate harming investments prohibited.

 Funds largely externally mandated with some flexibility Flexibility to Deploy Funds

Funds and priorities largely externally mandated, with some flexibility to interpret mandate when deploying funds.
GCA-Logo-small-1

This project has been developed in partnership with the Global Center on Adaptation

up

Sign-up to Receive Research and News Alerts from Climate Policy Initiative

Cookie use: We use cookies to personalize content by preferred language and to analyze our traffic. Please refer to our privacy policy for more information.