An overview of agreed commitments and announcements from the Africa Climate Summit, On 4-6 September 2023, the Government of Kenya and the African Union convened the inaugural Africa Climate Summit in Nairobi. Commitments were made by governments, the private sector, multilateral, banks, philanthropists, and other organizations, that set out concrete, systematic, and sustainable plans to make the step change that is needed to progress towards Net Zero and international climate goals on finance and adaptation.

The commitments will be used as a foundation to mobilize urgent action on climate across Africa, and beyond. The commitments and announcements at the Africa Climate Summit equate to a combined investment of nearly USD 26 billion from the public, private sector, and multilateral development banks, philanthropic foundations, and other partners in the development financing community. “THE AFRICAN LEADERS NAIROBI DECLARATION ON CLIMATE CHANGE AND CALL TO ACTION” Launched with signatories by acclamation in principle by the African Union. The list may not be comprehensive, it covers those that were shared with the ACS summit secretariat and are provided in alphabetical order.

The Government of Kenya Committed to Net Zero by 2050- Launched the Financing Locally-led Climate Action Program (FLLoCA) - $49.7 million investment announced by President Ruto to counties in the form of county climate change investment grants which, together with KSh3 billion ($20.7 million) of county own-resource allocations will finance local climate action priorities in agriculture, water and natural resources management in every county.

● Launch of a New Green Hydrogen strategy and roadmap for Kenya which sets out a commitment to elevating green hydrogen to a pivotal cross-cutting factor in Kenya’s development agenda, and clarifies how hydrogen is deeply woven into Kenya’s ambitious green economy agenda

● Long-term Low Emissions Development Strategies (LT-LEDS) for 2050

● Announced new National Climate Change Action Plan (2023-2027)

● Launched new Kenya Climate Change Act (Amendment) 2023

● Launched a new program, ‘Building Resilience for the Urban Poor’ (BCRUP)

● Announced Kenya would be the new site of the new Africa HQ for the Global Centre for Adaptation.

Youth Declaration

Youth delegates from across the continent developed and adopted the youth declaration which includes a call for the Youth Division of the African Union Commission (AUC) as well as the Department of Sustainable Environment and Blue Economy to incorporate the Assembly in their program and organizational structures as the platform embedding youth engagement on climate change in the African Union, pursuant to Article 19 of the African Youth Charter on Sustainable Development and Protection of the Environment.

Accelerated Partnership for Renewables in Africa

The Accelerated Partnership for Renewables in Africa (APRA) launched at the Africa Climate Summit, announcing that a cohort of African countries, Kenya, Ethiopia, Namibia, Rwanda, Sierra Leone, and Zimbabwe, with a highly renewable agenda, are forming a partnership to accelerate renewables on the continent and pursue green industrialization. The partnership is supported by Denmark, Germany, and the United Arab Emirates.

Moroni Declaration Partner Countries

The creation of the African Heads of State Panel for the Development of a Regenerative Blue Economy and implementation of the Great Blue Wall Initiative, aiming to mobilize at least USD 15 Billion by 2030, which would lead to 2 million km2 of ocean effectively conserved / 2 million hectares of critical blue ecosystems will be conserved and restored and will enable the sequestration of 100M t of CO2, and 2 million blue jobs will be created and at least 70 million people will benefit from the initiative.

African governments

Heads of State from the following African countries attended the summit, and beyond the Nairobi Declaration made a national announcement.

People’s Democratic Republic of Algeria

Committed to reduce their greenhouse gas emissions by 7% by 2030.

The Republic of Burundi

Launched a partnership with Virunga Power the government announced a transformational new Public-Private Partnership to invest in the expansion of grid access across rural Burundi. The Interim Agreement will mobilize the first $60 million over the next 2 years out of an overall estimated $1.4 billion budget during the initial 7-year electricity access growth period. By 2040, Burundi plans to implement its objective of development, protection of the environment, and enhancement of resilience to climate change.

The Central African Republic (CAR)

Recommitted existing policies and frameworks on mitigation and adaptation.

The Republic of CHAD

Recommitted existing policies and frameworks on mitigation and adaptation.

The Union of Comoros

Leadership commitment to African Heads of State Panel for the Development of a Regenerative Blue Economy and implementation of the Great Blue Wall Initiative, aiming to mobilize at least USD 15 Billion by 2030. Called on support from other nations in this initiative to clean the oceans and reduce overfishing. 2 Union of Comoros, the Republic of Cabo Verde, the Republic of Kenya, the Republic of Madagascar, the Republic of Mauritius, the Republic of Mozambique, the Republic of Sao Tome e Principe, the Republic of Seychelles, the Federal Republic of Somalia, the Republic of South Africa and the United Republic of Tanzania.

The Republic of the CONGO (Brazzaville)

Recommitted existing policies and frameworks on mitigation and adaptation.

The Democratic Republic of the Congo (DRC)

Announced a strategic collaboration between Rawbank, and Vitol, which aims to catalyse sustainable development in the DRC while having a positive global impact, particularly on the preservation of precious forests and peatlands. With a $20 million investment in carbon projects, the joint venture will foster economic growth through initiatives such as sustainable agriculture, the promotion of solar and wind energy, and responsible forest management practices contributing to a positive financial flow for the DRC. Announced as a partner in the new Green Climate Fund (GCF) commitment.

The Arab Republic of Egypt

Announced Egypt Exchange’s forward-looking commitment to climate action, working on developing a Pan-African Carbon Market, and partnering with AMEA Power, mobilizing USD5 billion to develop and find 5 GW of renewable energy in Africa.

The State of Eritrea

Recommitted existing policies and frameworks on mitigation and adaptation.

The Federal Democratic Republic of Ethiopia

Long-term Low Emissions and Climate Resilient Development Strategy launched in 2023 is a 30-year plan aiming to reach net zero by 2050. It sets out long-term sector-specific strategies for development.

● The Green Legacy Initiative - aims to reverse the trend of deforestation in Ethiopia. Currently, 25 billion trees have been planted from 2019 to date. The project aims to double this number in the second phase.

● Announced as part of the cohort for the new Accelerated Partnership for Renewables in Africa (APRA).

The Republic of Ghana

Announced partnership with the Acumen Resilient Agriculture Fund (ARAF); KawiSafi on low-carbon technologies; and Cross Boundary Energy to distribute energy technology towards clean, reliable and cost-effective energy systems.

The State of Libya

Recommitted existing policies and frameworks on mitigation and adaptation.

The Republic of Malawi

The Ministry of Energy signed a new MoU with the Government of Kenya to develop geothermal energy with the Mauritius support of the Geothermal Development Corporation. Announced ongoing mitigation efforts, including on renewables, aims Mauritius’s and committed to the finalized inclusion of local level ideas to input into adaptation design.

The Republic of Mauritius

The Republic of Mozambique

Announced the development of a Energy Transition Strategy and Roadmap, to be finalised for presentation at COP 28. Will include a focus on expanding infrastructure throughout the electricity supply chain to ensure universal access to affordable and sustainable energy for all Mozambicans by 2030. And noted commitment to improvement and expansion of integrated early warning systems.

The Republic of Namibia

Announced as part of the cohort for the new Accelerated Partnership for Renewables in Africa (APRA).

The Federal Republic of Nigeria

● Partnership announced with Cross Boundary Access (CB Access) and ENGIE Energy Access (ENGIE) announced the commencement of the construction of USD 60 million mini-grids in Nigeria. This transaction – which is the largest mini-grid project finance transaction in Africa to date – will bring power to 150,000 people in Nigeria.

● Partnership announced with GreenMax (G4A) who has signed MOUs with six LFIs (Financial Institutions) in Nigeria to establish six pilot CDFs supporting new energy access loan portfolios over USD $20 million.

The Republic of Rwanda

Announced as part of the cohort for the new Accelerated Partnership for Renewables in Africa (APRA), and as a partner country for new partnerships with The Acumen Resilient Agriculture Fund (ARAF) and KawiSafi II.

Sahrawi Arab Democratic Republic (SADR) Sahrawi Arab Democratic Republic is committed to plans to protect parts of its coastline, which is 110,000km.

The Republic of Senegal

for Announced plans reforestation of 500,000Ha of indigenous to stop the encroachment of desertification to restore biodiversity, agro-pastoral activities, and soil conservation. Set out energy transitions towards net zero pathway with it having an operational electric train for the last 2 years and plan to have electric buses by 2024. Committed to agro-pastoral the Green Infrastructure development projects. And not mobilize Africa’s agro-pastoral partnership on adaptation with Belgium and low carbon with KawiSafi II.

The Republic of Seychelles

The Republic of South Africa

The Republic of Sierra Leone

Sierra Leone’s commitment is to reduce its domestic greenhouse gas emissions by 10% by 2030 through the implementation of the REDD+ (Reducing Emissions from Deforestation and Forest Degradation) program, as well as promoting innovation and technology transfer for sustainable breakthroughs in energy, waste management, transport, and agriculture.

● Sierra Leone’s vision for adaptation, drawn from the National Adaptation Plan (NAP), has the objective of enhancing adaptive capacity, strengthening resilience, and reducing our climate vulnerability by half by 2030.

● Announced investment partnership with Milele Energy and TCQ on the rapid deployment of renewable energy and the migration away from the use of diesel for power generation.

● Announced as part of the cohort for the new Accelerated Partnership for Renewables in Africa (APRA).

The Republic of South Sudan

Announced being on the path to net zero carbon by 2050, such as by generating 3,000 megawatts of energy from hydropower, solar, and wind. Recruited plans to embark on Climate Smart Agriculture (CSA) to mitigate the impacts of climate change.

The United Republic of Tanzania

Republic of Zimbabwe

● Committed to a conditional 40% per capita emissions reduction by 2023, across the four IPCC sectors namely Waste; Energy; Industrial Processes and Product Use (IPPU), and Agriculture, Forestry.

● Announced revised NDC priorities towards four adaptation actions: Early Warnings and Disaster Risk Reduction, Climate Smart Agriculture, and, climate-resilient infrastructure development as well as Sustainable water resources development and management - including announcing the review of the Zimbabwe Water Act.

● Announced as part of the cohort for the new Accelerated Partnership for Renewables in Africa (APRA).

Donor governments

The following governments made new partnership announcements and commitments at the Summit.

The Government of Belgium

● 24 million EUR towards climate adaptation projects in Burundi, Guinea, Mali, Senegal and Tanzania in 2023 and 2024.

● Climate in the Sahel portfolio, covering Mali, Burkina Faso, Niger and Senegal, will extend until 2025, costing 50 million EUR.

● A 25 million EUR cooperation agreement with Mozambique that is fully committed to climate change and includes a 2,5 million EUR pledge to loss & damage.

The Government of Canada $USD 35 million committed to the Great Blue Wall Ocean Initiative.

The Government of Denmark ● Committed to providing financial support to the Accelerated Partnership for Renewables in Africa (APRA) a new cohort of African countries (Kenya, Ethiopia, Namibia, Rwanda, Sierra Leone, and Zimbabwe) with a highly renewable agenda forming a partnership to accelerate renewables on the continent.

mobilization● Announced a USD 232 million pledge for GCF’s second replenishment (GCF-2). Denmark has contributed to GCF since the Fund’s initial resource mobilization period; this pledge represents a 100 percent increase in their commitment from the first replenishment.

The Government of Finland

● EUR €3.0 million commitment for data governance in Africa, with a focus on green transition in data infrastructure

● EUR € 1.3 million commitment for promoting digital and green transition in Africa focusing on capacity building.

The Government of France

Reaffirmed commitment to provide 6 billion euros of climate finance per year until 2025, including one third for adaptation, and committed to increase its biodiversity finance to 1 billion euros by 2025. Reconfirmed commitment to deliver on the “Paris Pact for People and the Planet”, the outcome of the 2023 Paris climate financing summit, and now supported by over 30 partners globally.

● Announced a doubling of its yearly contribution to Climate Risk and Early Warnings Systems (CREWS) up to 8 million € per year, starting in 2023, on top of its total contribution of 42 million USD to date.

The Government of Germany

● Announced debt for climate swap with Kenya: 60m EUR

● Intergovernmental Authority on Development: Climate Risks and Disaster Resilience in the IGAD Region (climate risk transfer solutions, including risk pooling) 22.5m EUR - signed with IGAD in June 2023.

● Sustainable Energy Fund for Africa (SEFA): 40m EUR

● Development of Credit JETP South Africa: 200m EUR

● Green Hydrogen for fertilizers: 60m EUR; Set-up of H2 regulatory advice and capacity-building facility for KEN.

● Plans to support AFR100 in 2023 with another 40m EUR and to disburse 27.15m EUR to the Central African Forest Initiative CAFI.

● Committed to providing financial support to the Accelerated Partnership for Renewables in Africa (APRA) a new cohort of African countries (Kenya, Ethiopia, Namibia, Rwanda, Sierra Leone and Zimbabwe) with a high renewable agenda forming a partnership to accelerate renewables on the continent.

The government of Ireland Re-confirmed commitment to double their adaptation funding by 2025.

The government of Italy Re-committed to assisting developing countries in resilience and adaptation measures, in line with previously allocated 200 Million Euros plus, for projects in Africa.

The Kingdom of the Netherlands Committed to increasing climate finance from 1.25 bn euros in 2023 to 1.85 bn euros from 2025 onwards, including a doubling of adaptation financing. Approval of the Africa Strategy, which is underpinned by an equal partnership approach with an emphasis on locally-led and nature-based adaptation, and mobilizing private sector investments.

The Government of Norway

● In 2022, Norway provided about NOK 2.8 billion in climate finance to African countries. About NOK 0.5 billion of the support is provided through bilateral channels. Examples of key partner countries are Mozambique, Malawi, Ethiopia, and Tanzania. Going forward, Norway has committed to double climate finance and at least triple support to adaptation by 2026.

● Norway’s International Climate and Forest Initiative (NICFI) commitment of USD $25 million 2023-2026 to support Ethiopia’s forest sector, including conservation of 1.5 million hectares of forests.

The Government of Portugal ● Reaffirmed commitment to redirect Cabo Verde’s bilateral debt payments to a Climate and Environmental Fund, which is being established by the Cabo Verdean government. The innovative bilateral debt swap agreement will initially allow the conversion of up to 12 million euros of Cabo Verde’s debt by 2025.

●The Government of Portugal signed with the African Development Bank a guarantee agreement of 400 million euros under the Lusophone Compact, to support investments in 6 African countries — Angola, Cabo Verde, Guinea-Bissau, Equatorial Guinea, Mozambique and São Tomé e Príncipe – in priority sectors which include renewable energies.

The Government of the United States Announced $161 million new investments.

The U.S. Agency for International Development (USAID) announced a suite of investments and initiatives to support climate action including $35 million in new investments this year.

● Announced $30 million to Support Initiatives under the President’s Emergency Plan for Adaptation and Resilience (PREPARE) in Africa.

● The U.S. International Development Finance Corporation (DFC) committed $75 million in investments in African Climate Solutions.

● The U.S. Department of Agriculture announced $17 million to support smallholder farmers to transition to climate-smart and resilient agriculture.

● The United States committed a $4 million contribution to support a new program for the International Organization for Migration to support migrants and refugees in Kenya.

The Government of the United Kingdom

● £34 million for new projects across fifteen African countries to help women, at-risk communities, and more than 400,000 farmers build resilience against the effects of climate change, under the established CLARE, CIWA, and WISER programs. Early warning systems, such as text alerts, radio, and social networks, will help hard-to-reach communities take action before extreme climate events occur, and these projects will also improve water security for more than 1.5 million people.

● Seven new climate finance projects - investments worth £15 million from UK-backed FSD Africa Investments will mobilize capital from private sources, allowing small-scale businesses to access finance, create innovative products and deliver inclusive tech solutions such as turning desert into land for farming.

The United Arab Emirates Pledged $4.5 Billion to help finance African climate projects including:

● The Abu Dhabi Fund for Development will provide $1 billion of financial assistance.

● The Etihad Credit Insurance will provide $500 million of credit insurance to reduce risk and unlock private capital.

● Masdar is pledging $2 billion of equity, and will mobilizing an additional $8 billion in project finance targeted to deliver 10 gigawatts of clean energy capacity in Africa by 2030.

● AMEA Power will help fund 5 gigawatts of renewable energy capacity in the continent by 2030, mobilizing $5 billion, with $1 billion in equity investments, and $4 billion from project finance.

● also highly mobilize committed to providing financial support to the Accelerated Partnership for Renewables in Africa (APRA) a new cohort of African countries (Kenya, Ethiopia, Namibia, Rwanda, Sierra Leone, and Zimbabwe) with a highly motorbike renewable agenda forming a partnership to accelerate renewables on the continent.

Private sector investments

Ampersand Announced closing on successful fundraising of USD 13M to finance the expansion of its electric motorbike fleet, with the potential for an additional $7.5M, to finance the expansion of its battery swap network and electric motorcycle fleet in Nairobi and Kigali. It also announced an additional USD 40 million in 2024.

HDF Energy (Hydrogène de France) Developer of large-scale green hydrogen infrastructure and manufacturer of high-power fuel cells, announced the start of development studies to install a first green hydrogen power plant in Kenya. The first Renewstable® being developed by HDF in Kenya will see the deployment of 180 MW of solar PV combined with 500 MWh of long-term hydrogen-based storage, for an investment valued around 500 million USD. HDF is present in 8 countries in Africa, 3 projects are currently under full development with a total investment value of over 4 billion USD.1. Namibia: 240 M USD. 2. South Africa: 3.3 billion USD. 3. Zimbabwe: 260 M USD.

Leapfrog Investments Investment commitment of over $500 million of growth capital over the next 5 years into climate companies. Africa is a key target market for this climate investment strategy, with $150 million of this climate growth capital earmarked for the continent.

Masdar UAE’s flagship renewable energy company announced US$10 billion in climate finance for renewable energy projects. Masdar brings together portfolio partners in Africa to deliver 10GW of clean energy projects across the continent by 2030 as part of the UAE’s new Africa Green Investment Model.

mobilize AMEA Power will mobilize USD5 billion to develop and find 5 GW of renewable energy in Africa. AMEA Power already has more than 1,230MW of clean energy projects either in operation or under construction in Burkina Faso, Egypt, Jordan, Morocco, and Togo.

PowerGen Will finance and operate $800 million of renewable energy assets by 2030, including $300m already identified. From 2030, the Kenyan company will abate over 150 megatons of CO2 emissions annually. To achieve this, PowerGen announced a raise of $100 million in equity, with a first closing in Q4 2023.

Rawbank The strategic collaboration between Rawbank, and Vitol, a world leader in energy, aims to catalyze sustainable development in the DRC while having a positive global impact, particularly on the preservation of precious forests and peatlands. With a $20 million investment in carbon projects, the joint venture will foster economic growth through initiatives such as sustainable agriculture, the promotion of solar and wind energy, and responsible forest management practices contributing to a positive financial flow for the DRC.

Cross-Boundary Energy Cross-Boundary Energy reached $100M deployed into distributed energy technology in Africa delivering clean, reliable, and cost-effective energy systems for its commercial and industrial clients across the continent, from Ghana to Madagascar.

Cross-Boundary Access/Engie Energy Access Cross-Boundary Access (CB Access) and ENGIE Energy Access (ENGIE) announced they began construction of the first batch of mini-grids and are expecting mini-grids to begin coming online later this year, as part of their historic agreement to finance and build USD$60 million of mini-grids in Nigeria. This transaction – which is the largest mini-grid project finance transaction in Africa to date – will bring power to 150,000 people in Nigeria.

KawiSafi II- KawiSafi II, is a $200 million venture equity fund being raised that will invest $1M-$10M each in 15-20 companies that deploy low-carbon technologies across Africa. KawiSafi II is a Pan-African Fund with a particular geographic focus in Cote d’Ivoire, Democratic Republic of Congo, Ghana, Kenya, Nigeria, Rwanda, Senegal, Uganda, and Zambia.

Virunga Power- Virunga Power, Gridworks, and the Government of Burundi announced a transformational new Public-Private Partnership to invest in the expansion of grid access across rural Burundi. Initial investment of circa USD 70 million.

Pula Advisors AG is Launching an ambitious climate adaptation and insurance program (USD 12 million) catalyzing over USD 350 million worth of fertilizer annually for the next three years against adverse weather conditions in close collaboration with the Governmentscatalyzing of Kenya and Malawi, reaching circa 50% of the smallholder farmers in Kenya and Malawi.

Engie (MySol Grid Zambia) signed with Facility for Energy Inclusion, managed by Cygnum Capital, a groundbreaking transaction in the mini-grids sector, to provide USD 7.5 million of non-recourse debt, to construct 60 mini-grids connecting over 40,000 people to electricity in Zambia.

Husk Power A new initiative from Husk Power, called the “Africa Sunshot”, to have 2,500 mini-grids under operation in Sub-Saharan Africa within 5 years. USD 500 million ($200 million in equity, $300 million in debt) over 5 years.

ILX Fund has received USD 1.05 billion in commitments from the leading Dutch pension funds and is expected to be fully invested in Q1 2024. It has now launched ILX Fund II, which aims to raise USD 2-3 billion to support the growing pipeline of climate finance projects across the EMDE and Africa in particular.

GreenMax (G4A) To serve the existing pipeline of deals identified during the market assessment, GreenMax has signed MOUs with six LFIs (Financial Institutions) in Nigeria to establish six pilot CDFs supporting new energy access loan portfolios over $20 million. These pilots are intended to serve as pre-G4A fundraising close proof of concept and are being organized as individual standalone CDFs apart from the G4A structure, which will be rolled up into G4A at the full first close of the G4A Fund (USD50 million).

Catalyst Fund, a pioneering pre-seed venture capital fund and accelerator focused on driving climate resilience innovation in Africa, proudly announces the successful initial closing of its US$40 million fund. This milestone signals its strong commitment to bolstering early-stage tech startups that are shaping a climate-resilient future across the African continent.

Spark (Camco) Spark expects to reach its first close of USD50 million of its USD 100 million fund in September of this year. Spark was designed and is managed by Camco, is an innovative energy services finance company supporting energy efficiency and captive renewable energy initiatives in Sub-Saharan Africa’s commercial and industrial (C&I) sector.

Egyptian Exchange As part of the EGX forward-looking commitment to climate action: EGX is working on developing a Pan-African Carbon Market. This market will provide a platform for trading carbon credits across Africa, which will help in pricing carbon emissions and incentivize polluters to reduce their emissions. The market will provide a new source of capital for climate-friendly projects.

The Acumen Resilient Agriculture Fund (ARAF), a USD 58 million fund, has recently announced adding three (3) companies with operations in Kenya (making fish protein affordable), Tanzania (helping farmers connect directly to local markets), and Ghana (helping farmers connect directly to local markets). With those investments, ARAF’s portfolio has reached twelve (12) investee companies with operations in Kenya, Uganda, Tanzania, Rwanda, Nigeria, Ghana, and Ivory Coast and with business models that range from solar-powered irrigation helping farmers increase their yield by up to 3 folds, to producing chocolate bars in Africa to be exported to the US market.

Serengeti Energy (Baoma) - Serengeti Energy’s Baoma project's expansion will add 20 MW to its 5 MW Phase I solar project in Sierra Leone (Sierra Leone's first IPP). Total Project Cost of USD 35 million. The project will constitute circa 15% of Sierra's generating capacity.

Serengeti Energy (Ilute) Ilute Solar PV is a 25 MW solar project (USD 38 million) situated in the South-Western Province of Zambia nearing financial close. The project aims to sell to off-taker Africa GreenCo which will sell in turn the electricity on the Southern African Power Pool (or bilaterally to private customers on the Zambian network).

GEI Power has signed an MOU with the Government of Zambia to fund, supply, and install solar PV off-grid power, internet, and water distribution solutions at a cost of USD 50 million for 1000 public health facilities in rural areas across Zambia.

Renewvia Energy plans to expand its Kalobeyei settlement mini-grid in Kenya, develop 4 new sites in Ethiopia, and have 23 sites in Nigeria fully operational by mid-202, totaling 6.5 MW and over 31,000 connections, at a total cost of USD 27 million.

Nurufor recently secured a substantial boost of over $40 million in Series B equity funding during July 2023. This infusion will be further bolstered by an anticipated $28 million in project finance, projected to be obtained in the third quarter of 2024. The primary objective of these funds is to facilitate the development of 13.7 MWp of mini-grids and metro gris projects, signifying a remarkable expansion of Nuru's existing assets in the eastern Democratic Republic of Congo (DR Congo) region.

Banks, multilateral and foundations

The African Development Bank

The African Development Bank and the Global Center on Adaptation launched a $1 billion Youth Adapt initiative that will provide seed financing for ideas and businesses led by young people.

Bezos Earth Fund $22.8 million new financial support to scale up locally-led restoration in the Great Rift Valley and the Lake Kivu and Greater Rusizi Basin landscapes -the grant package supports the African Forest Landscape Restoration Initiative (AFR100).

The European Union Announced €12 million in grants to support Kenya’s Green Hydrogen Strategy and Roadmap, which was launched at the Summit, Funding comes from the Global Gateway. The 2021 Global Gateway strategy provides the framework for the EU’s contribution to narrowing the global investment gap and accompanying the twin green and digital transitions beyond Europe’s borders. “The Global Gateway Africa-Europe Investment Package aims to mobilize at least EUR 150 billion in investments in Africa by 2027.”

The Global Climate Fund (GCF) The Green Climate Fund committed USD 189 million to support the &Green Fund which will promote sustainable and deforestation-free commodity production and higher productivity on agricultural land in selected countries with important tropical forest resources, thereby decreasing the pressure to clear forests for agricultural purposes. The Fund will target eleven countries, including six within Africa: Cameroon, Côte d'Ivoire, the Democratic Republic of the Congo, Gabon, Liberia, and Zambia.

The World Bank Reconfirmed its commitment to continue its comprehensive climate support to Africa through analysis with climate change development reports, technical assistance, and financial support. The World Bank is delivering USD 12 billion in financial support for climate for Africa in fiscal year 2023.

IGAD's Centre for Excellence on Climate and the Environment: Development of a new climate change adaptation strategy for the whole IGAD region - comprising Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan, and Uganda - with an initial investment of USD $250,000.

Rockefeller Foundation The Rockefeller Foundation $2M over the next three years on climate friendly school meals in Kenya. The Rockefeller Foundation $2M over the next three years on climate-free school meals in Kenya. Technical and financial support to the African School of EnerUSD 250,000n, an institution dedicated to energy regulation within the African context.

UN agencies, civil society and cities

CorpsAfrica Launched “CorpsAfrica Green” sector-specific initiative across ten countries in Africa to foster community-led resilience to climate change.

Global Green Growth Institute (GGGI) Launch of the Africa and Middle East SAFE Initiative: Scaling-up Agriculture resilience for Food security and Economic development in Africa, and the ambition to bring climate-resilient food security and food systems transformation to millions in Africa through a USD10 Billion Public-Private Partnership.

UNEP-CCC Memorandum of Understanding (MoU) on energy efficiency between the Ministry of Energy and Petroleum of Kenya and the United Nations Environment Program.

UNHCR is committed to advocating and significantly increasing its mobilization of funding and finance to support climate action for the benefit of both displaced populations and local host communities in Africa; including up to USD $500 million for climate action in the USD 500 millionUNHCR program for 2024 in 24 African countries.

The City of Nairobi has committed to a short-term goal of reducing emissions by 23% by 2025, and a long-term goal of 66% emissions reduction by 2050. Our ambitious target, which requires financing and government prioritization, is for Nairobi to become carbon-neutral by 2050.