Lunda-Norte

Cunene

Bengo

Uíge

Lunda-Sul

Cuanza-Norte

Benguela

Zaire

Luanda

Cuanza-Sul

Bié

Malange

Huambo

Cabinda

Moxico

Huíla

Cuando Cubango

Namibe

Angola

30 energy efficiency and carbon capture projects in 2012, 10 in 2013, 15 in 2014, 5 in 2015, 10 in 2016 and 20 in 2017

15,305 tonnes of GHG from manufacturing in 2014, 15,755 tonnes in 2015, 16,950 tonnes in 2016 and 17,350 tonnes in 2017

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<p>The <strong>Building Inclusive Resilience to Climate Change</strong> initiative is a US$24.55 million transboundary project led by the <a href="https://www.adaptation-fund.org/wp-content/uploads/2023/01/IFAD_Angola-Namibia_3rd-submission_FP.pdf" target="_blank">Adaptation Fund</a>. It is implemented by IFAD to support semi-nomadic agro-pastoralists in the Kunene River Basin (Angola and Namibia) who face severe recurrent droughts, erratic rainfall, and water insecurity.</p>

To strengthen institutions and community capacities for ER TFM Emissions Reduction Traditional Fire Management (“ER TFM”)so as to increase resilience of local communities and ecosystems to the impacts of climate change

This project scales up access to climate finance in low- and middle-income countries by developing green bond markets that mobilize investment in low-emission development. It supports GCF’s strategic goal of mobilizing private finance through innovative, market-based instruments.

Scaling low-emission development in the participating countries is constrained by limited capital, underdeveloped financial ecosystems, and few instruments to attract private investment. These countries also face acute climate vulnerability and mounting risks to their economic and social systems. Strengthening local capital markets is essential to bridge financing gaps and channel resources toward mitigation priorities.

The project aims to mobilise climate finance in low- and middle-income countries by supporting the development of local green bond markets. Through a dedicated investment fund, capital from development finance institutions and private investors will be used to finance climate mitigation projects, while parallel EU-led facilities support capacity-building and lower borrowing costs for bond issuers.

 GCF will invest EUR 200 million (approximately USD 227 million) in equity through the initiative’s fund to support mitigation projects across ten participating countries. The project will prioritise small-scale, low-carbon energy systems and create investment opportunities in hard-to-abate sectors such as transport, helping to channel private capital toward national decarbonisation efforts.

Below breakdown reflects the added child country projects as well as an increase of the budget for the global coordination child project.

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Angola

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Green Climate Fund

Global Environment Facility