This Progress Report reflects the progress on the activities of the ICR Facility achieved until August 2022, with a particular focus on the period 1 September 2021–31 August 2022. The ICR Facility is implemented through three Output Areas. In Output Area 1 Implementation of demand-based interventions was in full swing throughout the year. High numbers of […]
The ICR Facility provided technical assistance to the Tanzania Agriculture Development Bank (TADB) in response to a proposal submitted by the bank for support in increasing its outreach to women and youth. TADB is a state-owned development finance institution (DFI) which was launched in 2015. The bank aims to catalyse access to finance to smallholder […]
Supporting Businesses To Deliver Climate Change Adaptation In Acp Countries: Priority Actions And The Role Of International Capital Executive Summary African, Caribbean, and Pacific countries are some of most vulnerable to climate change. Given pressures on public resources, the need is urgent to stimulate business activity, and thus private capital, into areas highly disrupted by climate change —food […]
Many ACP countries are highly vulnerable to climate change and yet face shortfalls in funding for adaptation. Engaging the private sector and mobilising its investment is therefore vital to deliver climate adaptation in these countries. ACP countries typically have weak investment climates, however, hindering the private sector from playing a role in climate adaptation and […]
Multiple African countries seek to industrialise their economy through industrial parks. To ensure this will lead to positive development impacts, it is key that those parks are sustainable with regards to their economic, environmental, and social performance as well as the performance of the park management.
Ghana wants better and more sustainable jobs across the country and is ready to invest more than USD 13 million to that end. But the to-do list is long. If the strategy succeeds, thousands could be lifted from precarious employment.
The World Bank outlined how fiscal policies are an underused tool for aligning financial resources towards achieving the aims of the Paris Agreement. While we see numerous discussions about fossil fuel subsidies, carbon pricing and carbon revenues where are the discussions on using fiscal policy for climate change adaptation?
Entrepreneurs in the Caribbean and Pacific could help battle the ever more dramatic effects of climate change, but at the moment there is little of the right kind of finance available to help their businesses to take off. These were the findings of recent research presented at a live event run by the Investment Climate […]
The global community needs to urgently accelerate the transition to more climate resilient development in the face of mounting climate risks. The need for action is particularly acute for those countries which are most vulnerable to climate change; this includes many of the countries from the Africa, Caribbean and Pacific (ACP) group. In this blog we examine […]
The countries of the African, Caribbean and Pacific (ACP) region are some of the most vulnerable to climate change. Scaling up finance for climate adaptation is critical, particularly across the diversity of private actors from households, through micro-small medium enterprises (MSMEs) to corporations, financial institutions and investors; all of which are influenced by public policy […]
The countries of the Africa, Caribbean and Pacific (ACP) regions are some of the most vulnerable to climate change. However, financial flows for private sector projects in climate adaptation remain limited. Overcoming this challenge and stimulating the expertise and innovation capacity of the private sector is critical for the future of these regions. This online […]