EUR 40 million committed to be made available for the Adaptation Finance Window for Africa (AFWA)
The launch of AFWA at COP30 in Belém. Photo: World Climate Foundation
At COP30, the Investment Mobilisation Collaboration Alliance (IMCA) launched a first-ever dedicated adaptation window for Africa.
IMCA, a global coalition of donor and development partners, has committed to make available EUR 40 million in catalytic capital and targeted technical assistance to support a new 91Âé¶¹Ó³»´«Ã½ing Window for the design and scaling of innovative investment vehicles focused on the increased climate risks that threaten lives, livelihoods, and economic stability in Africa.
The Window aims to leverage its catalytic resources to mobilise at least EUR 100 million in private investment for adaptation and resilience outcomes across the continent. Investment managers can submit concepts for adaptation-focused investment vehicles now by 15 January, 2026 at afwafrica.com.

Satu Santala announced AFWA at COP30 in Belém. Photo: 91Âé¶¹Ó³»´«Ã½
AFWA aims to demonstrate how catalytic capital can unlock investment, strengthen local markets, and accelerate investment in adaptation in the most climate-vulnerable regions in Africa. The Window is implemented under IMCA, which coordinates funding efforts and develops blended finance solutions that combine public and private capital to reduce risk and mobilise investment in emerging and developing markets. IMCA’s members include the Ministry of Foreign Affairs of Denmark, Ministry for Foreign Affairs of Iceland and NDF.
“At NDF, we believe it is critical to accelerate financing in response to the immense demands for adaptation and resilience in Africa. We look forward to using our flexible financing instruments to catalyse investments through this RFP,” says Satu Santala, Managing Director of NDF.