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Niger Basin Authority will get US$134 million to spur Development and Climate Change Adaptation in the Niger Basin (PIDACC)

Wednesday, 07 November 2018 19:02

In a bid to improve the resilience of the people and ecosystems of the Niger River Basin, the Board of Directors of the African Development Bank, has approved US$76 million for the integrated development and climate change adaptation in the Niger Basin.

The program is co-financed with – the Green Climate Fund, the European Union, the Global Environment Fund, the Forest Investment Fund and the various governments – to the tune of US$134 million.

The Bank Group committed to this program during the presentation of the Climate Investment Plan of the Niger Basin during COP21 in Paris in 2015; and will contribute through sustainable natural resource management project zone shared by nine Member States (Benin, Burkina Faso, Cameroun, Côte d’Ivoire, Guinea, Mali, Niger, Nigeria and Chad).

Program for Integrated Development and Adaptation to Climate Change in the niger basin (PIDACC/bn)

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The PIDACC is of paramount importance for populations living in the area and the economies of the member countries of the Niger Basin Authority (NBA),” the Bank Group Agriculture Research, Production & Sustainability Division Manager, Patrick Agboma said.

The activities include recovery of 140,000 ha of degraded land; construction of 209 water conveyance infrastructure for agro-pastoral systems and fish farming; leveraging on the livestock and aquaculture compacts of the Technologies for African Agriculture Transformation (TAAT). The program will also touch on implementing 450 agricultural value chain development sub-projects; building climate change adaptation capacity for 1,000,000 households and operationalize a financing mechanism for natural resource management.

Expectations of the program are high and include increased production through 280 million m3 of agricultural water harnessed per annum; Additional crop, fish and meat production (575,000; 9,000; and 6,000 metric tons, respectively) and Climate change adaptation enhanced for 500,000 women and young people having access to reclaimed land.

PIDACC-BN is in line with three of the Bank's High5 priorities – Feed Africa; Integrate Africa; and Improve livelihoods of the population. It also fulfils the Bank's climate change mitigation agenda.

About the African Development Bank Group

The African Development Bank Group (AfDB) is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 34 African countries with an external office in Japan, the AfDB contributes to the economic development and the social progress of its 54 regional member states.

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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