As per its ToR, the ABM EC’s mandate is to oversee – and provide strategic direction for – the operationalization and execution of the pilot phase of the ABM in line with the ABM Pilot Phase Strategic Plan, and to recommend modalities and procedures for a global ABM by 2023.
The ABM EC reports annually to the VicePresident for Power, Energy, Climate, and Green Growth of the African Development Bank. All ABM EC documents and other information on the ABM are published on the ABM online platform.
The resource mobilization target for the ABM Pilot Phase of at least US$ 50 million or approving at least 25 projects will have been mobilized by the end of 2023. The African Development Bank is primarily responsible for the achievement of the financial target and mobilizing support for including the ABM in the Paris Agreement implementation toolbox, while the ABM EC is primarily responsible for achieving the projects’ approval target.
ABM EC Members
The level of financial commitments today, both public and private, is still far behind from the demand, especially for the most vulnerable, to adapt to the changing climate. We need a new game plan to involve the whole of society (stakeholders, stockholders and stickholders) in adaptation actions.
Ms. Evelyne BATAMULIZA, Rwanda
Gender and Climate Change Finance Expert, UNDP
The ABM is an exciting new initiative, which has the potential to significantly scale up adaptation finance for the communities that are most vulnerable to the impacts of climate change.
Ms. Louise Helen BROWN, Namibia
Climate Finance and Governance Expert, former Senior Climate Change Officer and Coordinator of the African Climate Change Fund at the African Development Bank, who recently joined the private sector in Namibia
I am excited to serve and contribute to the pilot phase of the ABM. I believe ABM is innovatively addressing barriers to stimulating adaptation finance within the current context of the different policies, instruments and approaches, drawing from all those who have a stake in Africa, including the private and public sectors. ABM is therefore a vital and concrete step towards tangible actions and initiatives in advancing a resilient, sustainable, and transformed low-carbon Africa.
Ms. Doreen MNYULWA, Zimbabwe
Director of the Regional Agriculture and Environmental Innovation Network for Africa (RAEIN-Africa), based in South Africa
Having worked on the inception of the adaptation benefits mechanism, I am excited to have been part of the journey and see it develop from an idea to something concrete, with pilot projects under way and an established board. I am confident that it will deliver adaptation benefits in Africa where most needed, mobilize finance to help local communities adapt to the devastating impacts of climate change, and assist countries in achieving the adaptation component of their NDCs.
Ms. Fatima-Zhara TAIBI, Morocco
Senior Advisor at the United Nations Environment Programme- The Technical University of Denmark (UNEP DTU) Partnership and former United Nations Framework Convention on Climate Change (UNFCCC) staff member
I welcome this appointment with a sense of a mission. While climate change remains a global challenge, adaptation often has a human face. The most vulnerable are suffering from the worst impacts. The needs are huge, but resources are insufficient. This is not fair. We need innovative mechanisms such as the ABM to create incentives for more public and private investments in resilience. This is how we can achieve the ambition of the Paris Agreement for climate finance and adaptation.
Mr. Luc GNACADJA, Benin
President of the Governance and Policies for Sustainable Development think thank (GPS-Dev), former Executive Secretary of the United Nations Convention to Combat Desertification (UNCCD) and former Minister of Environment of Benin
Having worked as an expert on baseline and monitoring methodologies for mitigation over the last 20 years, I am excited to be part of an innovative approach to operationalize calculation and measurement of adaptation benefits of specific interventions in Africa.
Mr. Axel MICHAELOWA, Germany
Part-time researcher at the Institute of Political Science of the University of Zurich and senior founding partner of the consultancy group Perspectives
It is a pleasure to have the opportunity to participate in the timely launching of the innovative ABM, which comes within a context of an increased need of developing countries to address the recurring climate hazards directly affecting the most vulnerable communities and ecosystems, particularly in Africa. I hope I can bring my experience to support the transformation of ABM from an innovative concept to an effectively operational mechanism by the end of its pilot phase.
Mr. Daouda Ben Oumar NDIAYE, Senegal
Lead Climate Adaptation Specialist at the Islamic Development Bank, based in Saudi Arabia. Former Adaptation Fund Secretariat staff member
Shifting to low-carbon and climate resilience requires coordinated, sequentially integrated options by context solutions and mechanisms to ensure inclusive sustainable development.
Mr. Assefa Tofu CHOFORE (PhD), Ethiopia
Director of Ethiopia Dry Lands Development Program, Enhancing Food and Water Security for Rural Commercialization, World Vision International/Ethiopia Senior Climate Change Advisor