Improving Governance in Africa

Climate Investment Funds USD 973 million Global Environment Facility USD 252 million Path to green growth Several African countries have already embarked on ambitious programs that integrate climate action with sustainable development AfDB is committed to tripling climate finance to USD 5 billion per year by 2020 Rwanda National Strategy for Climate Change and Low Carbon Development One of the world's most ambitious renewable energy strategies • Combines sustainability, wealth creation and poverty reduction measures • Power generation from renewable energy to increase to 50% by 2017 from 4% in 2008 Africa Climate Change Fund USD 11 million Ethiopia Climate Resilient Green Economy Strategy A comprehensive approach to mitigate the impact of climate change • Almost all electricity comes from hydropower and generation capacity has tripled since 2005 53.5% of the population now enjoying access to electricity compared to 16% eight years ago Sustainable Energy Fund for Africa USD 102 million Green Climate Fund USD 2.5 billion funding target for 2016 CLIMATE INVESTMENT FUNDS $8 BILLION WORLDWIDE $5.5 BILLION Chand $1.3 BILLION 5639 MILLION $551 MILLION SUSTAINABLE ENERGY FUND AFRICA AFRICA CLIMATE CHANGE FUND gef GREEN CLIMATE FUND 21

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