Contribution to ABM methodology and literature review on existing adaptation metrics
Client
The African Development Bank Group (AfDB)
Name of Project
Contribution to ABM methodology and literature review on existing adaptation metrics
Date
01/2029-01/2020
Location
Client
The African Development Bank Group (AfDB)
Position held
Team member
Main project features:
The African Development Bank Group (AfDB) is supporting the development of the Adaptation Benefit Mechanism (ABM) as a non-market approach under Article 6.8 of the Paris Agreement. In March 2019, the Bank launched the pilot phase of the ABM with the goal of delivering a working mechanism to the Parties in the 2023 stocktake. As part of the pilot phase, and in its capacity as Secretariat to the ABM, the Climate and Environmental Financial Devision has convened an interim Executive Committee (EC), acting as an independent expert body, to operationalize the ABM. Axel Michaelowa serves as EC member and has been tasked with drafting a literature study as well as methodology-related documents necessary to operationalize the ABM.
Project Overview
Preparing guidelines on ABM methodologies; Preparing a procedure for the approval of a new methodology for the ABM; Literature review on options for adaptation metrics and metric issues related to the pipeline of potential ABM pilot projects.