As an Implementing Entity of the CIF, the African Development Bank supported the development of 39 investment plans across 27 African countries with the objective of unlocking climate action.

As of end December 2022, the African Development Bank has approved a total of 34 projects for which it deployed $946-million in CIF resources and a total of $1 993-million of its own co-financing. The disbursement rate stands at 74%.

Report by the African Development Bank & the Climate Investment Funds