The DBSA will develop a programme focused on closing the water investment gap while enhancing water data collection and resource management in support of the approved grant to support preparations for a regional climate-resilient water investment programme in the Southern African Development Community (SADC) by the Green Climate Fund.
The project preparation grant of USD 1.5 million will leverage at least USD 117 million to enable the scaling up of climate-resilient water investments.
As the implementing partner for the Green Climate Fund, the Bank will administer the grant, and technical assistance will be provided by the Global Water Partnership Southern Africa and Africa Coordination (GWPSA-Africa).
The Continental Africa Water Investment Programme (AIP) aims to mobilise USD 30 billion annually by 2030 in order to close the water investment gap in Africa. It is supported by the International High-Level Panel on Water Investments for Africa, led by the President of the Republic of Senegal, H.E. Macky Sall; Prime Minister of the Netherlands, H.E. Mark Rutte; President of the Republic of Namibia, H.E. Hage Geingob; and Former President of the Republic of Tanzania, H.E Jakaya Kikwete, whom all serve as Co-Chairs.