Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM) for East Africa region Kenya, Uganda, Tanzania, Rwanda

The ARCAFIM GESI Action Strategy establishes a framework to ensure that climate adaptation finance reaches vulnerable groups, specifically women, youth, and indigenous communities in East Africa. The program intends to mobilize US$ 270 million in climate change adaptation (CCA) investments and US$ 30 million in technical assistance (TA). It focuses on mainstreaming gender and climate lenses into the investment processes of the Equity Bank Group (EBG) and its Tier 2 Financial Intermediaries (FIs) through the use of a Gender-Smart Climate Financing Toolkit and alignment with international standards like the 2X Collaborative’s 2X Green toolkit and the Women Empowerment Principles.

• ARCAFIM aims to mobilize US$ 270 million in climate change adaptation (CCA) investments and US$ 30 million in technical assistance (TA) to support vulnerable communities, including women and girls, in increasing their resilience to climate change.
• The program will implement a Gender-Smart Climate Financing Toolkit to guide the disbursement of concessional finance for climate adaptation to smallholders and rural micro-, small- and medium-sized enterprises (MSMEs) in the agricultural sector across East Africa.
• ARCAFIM sets specific targets for employment and beneficiary inclusion, aiming for women to account for 50% and vulnerable youth for 30% of the overall 7,500 target for direct jobs created within Equity Bank Group's direct investments.
• The strategy requires that at least 30% of the financing proceeds and the portfolio of Tier 2 Financial Intermediaries support businesses or group lending models that meet the Direct 2X Challenge Criteria.
• The program intends to align its activities with several international gender and climate frameworks, including the Bloomberg Gender-Equality Index, the 2X Collaborative’s 2X Green toolkit, the Women Empowerment Principles (WEPs), GFANZ, TCFD, and Climate Action 100+.
• The total estimated budget for implementing the Gender and Social Inclusion Action Plan (GSIAP) is USD 960,000, primarily funded through the technical assistance capacity building and monitoring and evaluation budgets.

APA

Green Climate Fund (2023). Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM) for East Africa region Kenya, Uganda, Tanzania, Rwanda. https://www.greenclimate.fund/sites/default/files/document/fp220-b37-gap-cover.pdf

Chicago

Green Climate Fund. Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM) for East Africa region Kenya, Uganda, Tanzania, Rwanda. 2023. https://www.greenclimate.fund/sites/default/files/document/fp220-b37-gap-cover.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM) for East Africa region Kenya, Uganda, Tanzania, Rwanda |date=25 October 2023 |url=https://www.greenclimate.fund/sites/default/files/document/fp220-b37-gap-cover.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2023africa, author = {{Green Climate Fund}}, title = {{Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM) for East Africa region Kenya, Uganda, Tanzania, Rwanda}}, institution = {Green Climate Fund}, year = {2023}, month = oct, url = {https://www.greenclimate.fund/sites/default/files/document/fp220-b37-gap-cover.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }