The Africa Development Bank is a partner and stakeholder. The Adaptation Benefits Mechanism (ABM) is piloted by the African Development Bank through interim institutional arrangements and demonstration projects. ABM is being developed as a global mechanism for use in all regions. This project will help to implement one or more demonstration projects; adding to the range of topics that can be covered by the ABM. It will also contribute to filling the current gap for metrics and indicators for adaptation and biodiversity, resource mobilization of new finance for adaptation and biodiversity, and achieving the host country’s needs and priorities for adaptation and biodiversity preservation, as well as to progress towards realizing relevant SDGs.
