Bank Group climate risk management and adaptation strategy (CRMA)
This strategy calls for increased support for capacity building of African countries to tackle climate change risks. It also ensures that all investments financed by the Bank are "climate-proof", meaning that they are designed, installed, implemented and managed to reduce to a minimal level the adverse effects of climate change, with the most cost-effective ratio as possible.
The strategy's specific objectives are: (i) to reduce vulnerability within the Regional Member Countries (RMCs) to climate variability and promote climate resilience in past and future Bank-financed development investments making them more effective; (ii) to build capacity and knowledge within the RMCs to address the challenges of climate change and ensure sustainability through policy and regulatory reforms.