101 negotiating at global climate change and green growth forums; and raising Africa’s influence on climate change, biodiversity, combating desertification, and other global priorities, as well as African priorities such as climate change ‘loss and damage.’ e. Increase grant funding and technical assistance to African countries to strengthen their NDCs, NAPs, and LTSs, and mainstream them into national development plans, ensuring the consistency of such instruments with the Paris Agreement’s global targets, and to better position countries on the continent to mobilize climate finance for the implementation of more ambitious commitments. f. Provide technical and funding support to countries so they can better implement commitments under the UNFCCC on gender and climate change as part of the Gender Action Plan, and to implement commitments under the African Union’s Gender and Climate Change Strategy. g. Convene policy dialogues involving the African Group of Negotiators on Climate Change and relevant African country representatives, with a focus on climate finance needs and investment priorities. h. Support African countries and the region with the creation and strengthening of green banks and national climate funds, making use of the full range of instruments the African Development Bank has available including technical assistance, lines of credit, and innovative financial instruments. i. Build on the work with the AFAC to support African countries and their regulators in developing sustainable finance taxonomies and regulations on climate risk disclosure. This will support efforts to greening the portfolio of private and public investors. For instance, the Bank supports AFAC’s Africa Decarbonisation and Resilience Index, which aims to rate financial institutions on their contributions to decarbonizing and building resilience in Africa. u v. To improve tracking, measurement, and reporting of outcomes of climate change adaptation investments (reduction in vulnerability, strengthened resilience, and increase in adaptive capacity), climate change mitigation investments (reduction of greenhouse gas emissions and reduction of carbon intensity), and green growth investments (environmental indicators, green jobs, progress against SDGs), the Bank will: a. Develop, establish, and fully implement a robust and comprehensive monitoring, evaluation, reporting and learning system that will contain data on climate change and green growth targets and outcomes at the: • Institutional level: Tracking the Bank’s institutional commitments on climate change and green growth. • Program level: Tracking progress on climate change and green growth for portfolios of investments under any single large sector or regional program. • Project level: Tracking progress on climate change and green growth for individual investment projects. • Activity level: Tracking progress on climate change and green growth for specific activities identified as having climate change adaptation, mitigation contribution, and/or green growth contribution. b. Establish a clear theory of change and an integrated results measurement framework, with strengthened and coherent definitions of climate change adaptation and mitigation (consistent with the Building Blocks of the MDBs’ joint framework for alignment with the Paris Agreement) and green growth. c. Ensure annual reporting on results of both impact and process indicators, in a manner fully consistent with the definitions and parameters of adaptation and mitigation under the Building Blocks of the MDBs’ joint framework for alignment with the Paris Agreement. d. Establish a database of Bank projects that mainstream climate change adaptation, climate change mitigation, and green growth into their designs, with clear criteria and a system to make activities more ‘Paris Aligned’ and ‘greener’ both at the Bank and during project implementation phases. e. Establish a methodology to identify and measure climate-compatible, climate-responsive, and green jobs created through Bank investments (including sectorally), and ensure a continuous year-on-year increase in the number of such climate changelinked and green jobs created. f. Include climate change-linked and green jobs created as an indicator of success in results frameworks for programmes and projects, incentivizing investment managers to accelerate job growth. g. Provide training every six months to relevant Bank staff on climate change and green growth monitoring, evaluation, reporting and learning, coupled with assessments on adoption rates and usage of the climate change and green growth monitoring, evaluation, reporting and learning system. Green growth in Africa — current initiatives and future developments
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