Monday, 06 February, 2023

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AFBD supports climate adaptation in Djibouti with $3.58mn

The African Development Fund recently approved a grant of 3.58 million dollars (2.8 million units of account) to implement the project “Integrated study of urban infrastructure and climate adaptation in the city of Djibouti”.

In addition to the African Development Fund, the project will be co-financed by the Urban and Municipal Development Fund (UMDF) with an amount of UA 0.12 million (USD 0.15 million) representing 4.05% of the total project cost. project and the Global Center for Adaptation (GCA) which will provide UA 0.04 million (USD 0.05 million) representing 1.35%.

Indeed, Djibouti has suffered several external shocks since 2019, having had a strong negative impact on the country’s economic situation, particularly on the budgetary level: locust invasion, Covid-19 pandemic, conflict in Tigray (Ethiopia), war in Ukraine.

Djibouti is also facing the effects of climate change: cyclone SAGAR (2018), bad weather between November 2019 and April 2021, causing major flooding in the capital and a severe drought that hit the country in 2022.

Which aggravated the deterioration urban infrastructure and the living environment of the population and urban services.

The integrated studies of Djibouti’s urban infrastructure will be used to prepare an action plan and an investment plan for a resilient urban city in order to ensure controlled urban development.

The study will review and bring together the various studies conducted by other development partners.

The African Development Bank Group, of which the African Development Fund is one of the three entities, has financed more than a hundred projects since the start of its cooperation with Djibouti in 1975.

As of November 30, 2022, the active portfolio of the Bank comprises 14 operations for commitments of US$112.35 million (UA 87.78 million), with the following sector distribution: agriculture and environment (34%); energy (30%) social (16%); transportation (8%); water and sanitation (7%) and governance (5%).