To date, the partnership with AFD has focussed on enhancing sustainable water security and supporting the City’s climate transition efforts.
The previous MoU, signed in August 2020, focussed on the implementation of the City’s ‘Our Shared Water Future’ strategy, a cornerstone of the City’s sustainable water management plan.
As a first collaboration under this new MoU, AFD has committed €475 000 (approximately R9,4m), through the Cities and Climate Change in Africa (CICLIA) facility for coastal risk modelling. This will protect the sustainability of the City’s investments, particularly in the coastal priority development areas, and inform spatial and budget planning in coming years.
‘AFD is delighted to renew and strengthen its partnership with the City of Cape Town on climate change and the just transition. This MoU builds on our fruitful partnership with the City since 2012 and is perfectly aligned with the strategy of the AFD Group in South Africa, which includes supporting South African actors in their low-carbon trajectory and climate objectives. This partnership is truly valued by AFD, as we too are learning a lot from the City’s expertise in various fields,’ said Audrey Rojkoff, AFD’s Regional Director for Southern Africa.
‘We are pleased to continue our collaboration with AFD in support of our long-term vision of building a city of hope for all, especially our most vulnerable residents. The City will invest a South African record R40bn in infrastructure over three years, with around 75% of this set to directly benefit lower income households and communities. AFD is supporting this plan, not only with development finance, but also with technical support especially for our climate change transition projects, which make up around 40% of our ten-year infrastructure pipeline,’ said Cape Town Mayor Geordin Hill-Lewis.
