27 of October 2015

Africa Climate Change Fund (ACCF) has approved new projects in Cape Verde

The Africa Climate Change Fund (ACCF) announced Friday, the approval of three projects totaling USD 1.35 million to enhance the readiness of Cape Verde, Kenya and Swaziland to mobilize climate finance, necessary to achieve national sustainable development goals.

The approval of this funding for Cape Verde, Kenya and Swaziland will help relevant agencies position themselves strategically to access the necessary finance to reduce climate vulnerability and prioritize low-carbon development projects necessary to advance national development goals

A portion of the USD 1.35 million grant will help Cape Verde develop nationally appropriate mitigation actions (NAMAs) for two key strategic sectors – energy and waste – and identify and select the target funding sources needed to implement the identified activities.