The Bank joined with the Deutschen Gesellschaft für Internationale Zusammenarbeit, Germany’s Agency for International Cooperation (GIZ) to debate Global and Regional Public Goods (GRPGs), as a part of the implementation of its just lately authorized Ten-Year Strategy (2024-2033).
The technical workshop, held in Abidjan on February 17, 2025, attracted greater than 150 professionals from throughout the Bank and its companions, attending in particular person and on-line.
The workshop spotlighted GRPGs as catalysts for addressing improvement challenges in Africa. Participants examined the Bank’s position in selling these items whereas emphasizing incentives and useful resource mobilization to stimulate funding. Presentations lined Bank initiatives in local weather motion, pandemic preparedness, meals safety, peacebuilding, and the Regional Public Goods Window. World Bank representatives additionally shared experiences associated to its provision of GRPGs.
The Bank Group’s Vice-President for Power, Energy, Climate and Green Growth, Kevin Kariuki, known as for strategic partnerships and innovation to advertise funding in GRPGs. He stated, “The workshop is essential to operationalize the African Development Bank’s Ten-Year Strategy. This workshop will, among other things, identify best practices and lessons learned from regional and global experiences in the provision of public goods.”
The Bank Group’s Senior Director for Strategy and Operational Policies, Caroline Kende-Robb, added, “By supporting selected global and regional public goods aligned with the priorities of Regional Member Countries, we are not only advancing cross-border benefits but also strengthening Africa’s ability to adapt to global trends and crises while leveraging regional strengths.”
Discussions highlighted the significance of making use of a GRPG lens within the design and implementation of the Bank’s lending and non-lending operations, together with: :
- Integrating constructive transboundary externalities into methods, analytical work, and challenge choice.
- Aligning nationwide, regional and world priorities in challenge improvement.
- Establishing coordination mechanisms to handle regional commons (e.g., transboundary water assets) and making use of a GRPG lens to meals and vitality safety.
- Developing templates and pointers for GRPG operations, together with monitoring and analysis.
- Creating devoted monetary mechanisms or funding home windows to help GRPG investments throughout sectors.
Participants emphasised the necessity to strengthen partnerships with different multilateral improvement banks and personal sector entities to mobilize extra assets for GRPGs in Africa. There was additionally consensus that GPRGs are important for accelerating Africa’s progress and supporting international locations in setting their improvement priorities.
Going ahead, the Bank’s Strategy and Operational Policies Department will coordinate with different Bank Departments and exterior companions to implement these suggestions, together with the preparation of a handbook for mainstreaming GRPGs throughout lending and non-lending operations.
Source African Development Bank Group
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