About
The Lab’s Southern Africa stream addresses issues unique to the Southern Africa Development Community (SADC) region. Due to a combination of exposure to climate change stresses and low adaptive capacity, the SADC includes some of the most vulnerable countries to climate change.
The SADC member states. Image credit: SADC
With 70% of regional water resources crossing national boundaries, water resource management is recognized by all states as a priority to act upon. Increasing sustainable energy production and access is another item at the top of most SADC states Nationally Determined Contributions agenda. By 2027, the SADC countries have pledged to fulfill their 150GW hydropower generation potential, from 12GW in 2013. Sustainable land use and forestry, transportation and waste treatment are additional top priorities.
National budgets can cover only a fraction of the required investments. International public and private financing, as well as capacity-building support, are needed for these countries to reach their targets.
With support from the Development Bank of Southern Africa, and in collaboration with regional financial and technical experts, the Lab’s Southern Africa Program supports the development of innovative investment instruments that respond to specific challenges in the region enabling to reach its climate priorities.
Members
Farai Kanonda
Regional Operations Manager – Energy and Infrastructure, African Development Bank (AFDB)
Kidanua Gizaw
Senior Climate Finance Officer, African Development Bank (AFDB)
Mwila Musumali
African Development Bank (AFDB)
Gareth Phillips
Manager, Climate and Environmental Finance, African Development Bank (AFDB)
Anne Keppler
Regional Director of Southern Africa, DEG
Paul Currie
Chief Investment Officer, Development Bank of Southern Africa (DBSA)
Catherine Koffman
Group Executive Head of the Project Preparation Division, Development Bank of Southern Africa (DBSA)
Jim Hodges
Regional Representative for Southern Africa & Indian Ocean, European Investment Bank (EIB)
Nadège Hopman
Deputy Head of Regional Representation, European Investment Bank (EIB)
Silke Stadtmann
Head of Southern African Office, German KfW Development Bank
Jonathan First
Managing Director, GFA Climate and Infrastructure (GFA)
Bashi Gaetsaloe
Independent
Kevin Njirani
Regional Director Southern Africa & Nigeria, International Finance Corporation (IFC)
Mike Peo
Head of Infrastructure, Energy and Telecommunications, Nedbank
Nigel Beck
Head of Sustainability Finance & ESG, Rand Merchant Bank (RMB)
Heather Jackson
Chief Executive Officer, RBN Fund Managers
The Green Guarantee Company (GGC)
A specialist guarantor that will provide guarantees to mobilize climate finance from global credit and capital markets to support climate mitigation and adaptation projects in emerging markets.
P-REC Aggregation Fund
The Peace Renewable Energy Credit (P-REC) is a financing mechanism to unlock investment in fragile, energy-poor countries. The P-REC Aggregation Fund will aggregate and sell P-RECs to investors to provide up-front equity capital for project developers for a portfolio of renewable energy projects.
Climate Adaptation Notes
A new and innovative funding source for water and waste-related climate adaptation infrastructure projects in Southern Africa that have struggled to attract long-term sustainable financing.
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