The Climate Report 2017/18 - Page 18



_______________________________________________________________________________________
Harnessing the “resilience dividend” for
long-lived infrastructure investments in Africa
The Africa Climate Resilient Investment Facility (Afri-Res)
A. Background: closing infrastructure
gap for Africa’s transformation and
doing so the right way
ambitious long-term plan for closing Africa’s
infrastructure gap, including through major increases
in hydroelectric power generation and water storage
capacity. The infrastructure projects identified in
PIDA require investments in the order of USD 360
billion by 2040, with approximately USD 70 billion
needed by 2020. The World Bank’s 2010 Africa
Infrastructure Country Diagnostic report estimates
that the cost of meeting Africa’s infrastructure
deficit is around USD 93 billion per year (of which
about USD 30 billion is required for maintenance)
with an optimistic investment gap of USD 31 billion
per year1.
In the post-2015 era, Africa’s development
aspirations are framed by the UN 2030 Agenda for
Sustainable Development aimed at leaving no one
behind and the continent’s wider development
blueprint - Agenda 2063: The Africa We Want - a
peaceful, prosperous and integrated Africa.
Transforming African economies to attain these
development objectives requires widespread access
to modern and sustainable infrastructure and
infrastructure services in ecosystems, energy,
transport, water, sanitation, urban and information
and communications technology. Indeed, Agenda
2063 emphasizes “world-class integrative
infrastructure that criss-crosses the continent” as a
key requirement for attaining the new African
renaissance.
The Infrastructure Consortium for Africa’s 2016
report on investment trends on the continent shows
that infrastructure investment commitments in
Africa in 2015 totalled USD 83.4 billion, compared
to USD 74.5 billion in 20142. These investments are
mainly in transport and energy sectors as shown in
Figure 1.
However, climate variability and change is causing
significant stress on a range of economic sectors and
commodities, including energy, food production and
water management that threaten the overall
economic development and wellbeing of human and
ecosystems in Africa. Intra-seasonal and longer
timescale variations of rainfall, temperature trends
and climate extremes, together with the growing
demand for food and energy, put additional
pressures on production systems and natural
resources.
Climate-proofing these substantial investments is
essential as Africa stands to be impacted the most
from the adverse effects of climate change even
though the continent contributes to less than 4% of
global greenhouse gas emissions. This is particularly
so as most of the investments will support the
construction of long-lived infrastructure (e.g., dams,
power stations, irrigation canals and transport
corridors) which may be vulnerable to changes in
climatic patterns. For example, the water needed for
hydropower generation or irrigation may not be
available in the amounts needed or at the right time;
roads may get washed away frequently because of
more frequent high rainfall events.
The Programme for Infrastructure Development in
Africa (PIDA), endorsed in 2012 by the continent’s
Heads of State and Government, lays out an
This report is available at
https://www.icafrica.org/fileadmin/documents/Annual_Re
http://siteresources.worldbank.org/INTAFRICA/Resources/aicd_overvie
ports/ICA_2015_annual_report.pdf
1
w_english_no-embargo.pdf
This report
is available at http://siteresources.worldbank.org/INTAFRICA/Resources/aicd_overview_english_no-embargo.pdf
2
2
the Infrastructure
Financing
in 2015
Africareport
2015 by
report
by the
See theSee
Infrastructure
Financing
TrendsTrends
in Africa
the Infrastructure
Consortium for Africa. Report available at
Infrastructure Consortium for Africa. Report available at
https://www.icafrica.org/fileadmin/documents/Annual_Reports/ICA_2015_annual_report.pdf
1
16

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