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ABM is an innovative mechanism, piloted by the African Development Bank in Africa, mobilizing public and private sector finance for enhanced adaptation action. It certifies the adaptation benefits, co-benefits, and associated finance of adaptation action, delivering quantified and verified information for transparency under the Paris Agreement concerning progress towards implementation of Nationally Determined Contributions and the global goals on adaptation and climate finance.

The project, implemented by the Ministry of Environment and Sustainable Development, will enhance the country's capacity to mobilize international resources for climate resilient development. In particular, it will develop adaptation project proposals for the GCF and the Adaptation Fund; train national stakeholders in the development of climate change projects; and support a study to investigate options for accreditation of a national institution to the GCF.