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Climate Finance For Low Emissions Agriculture In Sub-Saharan Africa

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26 Feb, 2024

This post was originally published on Climate Links

Climate Finance For Low Emissions Agriculture In Sub-Saharan Africa
jschoshinski
Fri, 02/09/2024 – 21:00

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The USAID Africa Trade and Investment Activity partnered with Open Capital (OCA) and the Climate Policy Initiative (CPI) to inform the design of catalytic interventions to scale climate financing for low-emissions agriculture in Sub-Saharan Africa (SSA). This work included a thorough landscape analysis of climate financing flows specifically targeting agriculture in SSA. This analysis evaluated the effectiveness of climate mitigation and adaptation financing and the funding partners involved, as well as the primary barriers to increasing climate financing on the continent. 

The Climate Finance Innovation for Agriculture Report builds on insights from extensive consultations with a broad range of key ecosystem stakeholders and comprehensive desktop research, this report identifies intervention opportunities to address barriers to climate finance flows, including financing, governance, skills and knowledge, and agribusiness barriers.

The Climate Finance Toolbox provides a set of foundational resources to support USAID Country Missions in accelerating the flow of climate finance in their respective countries in SSA.

Introduction to the Landscape of Climate Finance for Agriculture

Introduction to the Climate Finance Landscape: This document summarizes the context of climate finance for sub-Saharan Africa, including various instruments, approaches, challenges, opportunities, outcomes, and support requirements to inform potential interventions for future agriculture programs and projects with a climate finance focus.

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How-to Guide 1: Building a Climate Finance Roadmap

Developing Climate Finance Roadmaps: This document offers a set of guidelines for USAID country Missions developing customized climate finance roadmaps for the agriculture sector to accelerate the flow of climate finance within their respective countries or regions. This guide includes a step-by-step process for identifying barriers to climate finance flows, developing corresponding interventions, managing stakeholder engagement approaches, and incorporating milestones, timelines, and responsibilities to ultimately scale climate finance flows.

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How-to Guide 2: Supporting Development of Climate Finance Projects in Agriculture

Supporting the Development of Climate Finance Projects in Agriculture: This document provides guidance to USAID country Missions seeking to assist diverse stakeholders in developing climate-positive agriculture projects. Such projects involve avoiding or removing greenhouse gases from the atmosphere, preserving biodiversity, sustainably managing of natural resources, and improving the livelihoods of the local communities engaged in climate-related interventions.

 

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How-to Guide 3: Carbon Markets for Agriculture 101

Carbon Markets for Agriculture 101: This document serves as a foundational resource for understanding, assessing, and enabling the growth of carbon markets in agriculture within Sub-Saharan Africa (SSA). This document summarizes key opportunities, challenges, and considerations for Missions to consider when developing carbon projects in SSA.

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How-to Guide 4: Working with Local Financial Institutions to Integrate Climate Lending

Working with Local Financial Institutions: This document offers guidance to USAID country Missions on crucial considerations when assisting local financial institutions in improving climate-specific lending in agriculture. Key areas covered include the development of effective risk assessment and mitigation techniques, as well as innovative financial instruments and structures that can encourage lending for climate-positive projects.

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Digital Tools and Resources for Climate Finance for Agriculture

Digital tools for climate finance for agriculture in SSA: This document provides a list of digital resources and platforms that support efforts to accelerate climate finance flows in the agriculture sector in Sub-Saharan Africa. The resources include interactive tools for assessing the impact of climate financing, training resources for enhancing climate-related and financial knowledge, and a directory of key networks for potential collaboration and information exchange.

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ABB receives EPD status for gearless mill drive ring motor

ABB receives EPD status for gearless mill drive ring motor

ABB has gained Environmental Product Declaration (EPD) status for its Gearless Mill Drive (GMD) ring motor — technology used to drive large grinding mills in the mining industry.

An EPD is a standardised document that provides detailed information about the environmental impact of a product throughout its life cycle. Based on a comprehensive Life Cycle Assessment (LCA) study, the EPD highlights ABB’s commitment to transparency, environmental responsibility and supporting customers in making informed decisions on sustainability in their supply chains.

ABB analysed the environmental impact of a ring motor across its entire life cycle from supply chain and production to usage and end-of-life disposal. The study was conducted for a ring motor of a semi-autogenous grinding (SAG) mill with an installed power of 24 MW and was based on a reference service life of 25 years.

“Sustainability is at the core of our purpose at ABB, influencing how we operate and innovate for customers,” said Andrea Quinta, Sustainability Specialist at ABB. “By earning the Environmental Product Declaration for our ring motor, we emphasise our environmental stewardship and industry leadership for this technology. We adhered to the highest standards throughout this process, as we do in the ABB Ring Motor factory every day. This recognition highlights to the mining industry what they are bringing into their own operations when they work with ABB.”

The comprehensive LCA was conducted at ABB’s factory in Bilbao, Spain, and was externally verified and published in accordance with international standards ISO 14025 and ISO 14040/14044. It will remain valid for five years.

The ring motor, a key component of the GMD, is a drive system without any gears where the transmission of the torque between the motor and the mill is done through the magnetic field in the air gap between the motor stator and the motor rotor. It optimises grinding applications in the minerals and mining industries by enabling variable-speed operation, leading to energy and cost savings.

The full EPD for the ABB GMD Ring Motor can be viewed on EPD International.

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