Capacity building for environmenatal impact assessment and clean development mechanism initiatives

The proposed Technical Assistance would cover three components related to climate change and environmental expertise at the Banque Ouest Africaine de Développement (BOAD), the WAEMU regional development bank. Firstly, a training component aiming at Clean Development Mechanism awareness, knowledge and understanding for BOAD's key staff and Management. Secondly, the TA will fund a study on the opportunity for and feasibility of a Carbon Fund in the WAEMU, to be managed by BOAD. Finally, the proposed TA would allow BOAD to complement its environmental policy by extending and adapting internal capacities in assessing industrial and urban development projects, focusing on associated risks (e.g. pollution) and potential impacts on the environment.