News & Events

26/09/2012 - African Development Bank (AfDB) staff from the Energy, Environment and Climate Change Department (ONEC3) and the Sierra Leone Field Office (SLFO) undertook a mission from September 3-7 in Sierra Leone to support the Government in its efforts to mainstream green growth into its Agenda for Prosperity. The Agenda for Prosperity, which is the country’s third Poverty Reduction Strategy Paper (PRSP3), is currently being drafted by a broad spectrum of stakeholders across all government ministries. With the AfDB’s green growth intervention in the PRSP, the country will establish itself as the first fragile state in Africa to embrace green growth as a development opportunity.

Categories: Sierra Leone, Climate Change, Environment, Green Growth Initiative

26/09/2012 - The African Development Bank approved on August 29, an African Water Facility (AWF) grant of €950,000 to support a project to help the Government of Zambia develop, test and adopt updated guidelines, which will be used as framework for programming as well as designing the financing, construction and operations of multi-purpose small dams. The dams are expected to directly improve the lives and livelihoods of an estimated 90,000 people, and indirectly benefit about a million people living in rural areas, thus enhancing water security in more vulnerable parts of the country.

Categories: Zambia, African Water Facility, Water Supply & Sanitation, Climate Change, Environment

18/09/2012 - In its 69th meeting held in Bangkok, September 9-13, the Clean Development Mechanism (CDM) Executive Board of the United Nations Framework Convention on Climate Change (UNFCCC) approved a new methodology – the AM0108 “Interconnection between electricity systems for energy exchange.”

Categories: Climate Change, Environment, Energy & Power

18/09/2012 - Natural resources and environmental representatives from the African Development Bank attended the 2012 World Conservation Congress, the largest and most important conservation event, from September 6 to 15 in Jeju, South Korea, to discuss conservation issues, including the problem of elephant poaching on the African continent.

Categories: Korea, Environment, Climate Change

04/09/2012 - The President of the Republic of Mozambique, H.E. Armando Emilio Guebuza, officially launched the country’s Green Economy Roadmap on June 21 during a high level side event at the United Nations Conference on Sustainable Development (Rio+20). Event participants included Dr. Donald Kaberuka, President of the African Development Bank (AfDB), Mr. Jim Leape, Director-General of the World Wildlife Fund (WWF), and senior members from the Mozambique government, including the Ministers of Foreign Affairs, Environment, Planning and Development, Agriculture, and Mineral Resources.

Categories: Mozambique, Climate Change, Climate Investment Funds (CIF), Environment, Green Growth Initiative

04/09/2012 - In an effort to expand financing opportunities for climate change adaptation, the Energy, Environment and Climate Change Department of the African Development Bank (AfDB) and the Global Environment Facility (GEF) held a training program for Bank staff on July 18 and 19 in Tunis, Tunisia. The event gave Bank task managers, country economists and country portfolio officers a better understanding of two financing windows established under the Climate Change Conventions and hosted at the GEF: the Least Developed Countries Fund (LDCF) and the Special Climate Change Fund (SCCF) totaling US $780 million in pledges.

Categories: Tunisia, Climate Change, Environment, Global Environment Facility (GEF), Climate Investment Funds (CIF)

03/09/2012 - Backed by the African Development Bank (AfDB), Niger has received approval from the Climate Investment Funds (CIF) for US $22 million to support its Water Resources Mobilization and Development Project. It seeks to boost food production in 10 rural districts in Niger, and ultimately improve the livelihoods of some 700,000 people, by implementing mini dams, wells and boreholes, irrigation schemes, erosion control and other water management measures along with the social infrastructure and training needed at the local level to ensure sustainability. Moreover, climate resilient seeds and farming techniques will be introduced to increase agricultural production.

Categories: Niger, Water Supply & Sanitation, Climate Investment Funds (CIF), Climate Change, Environment

03/09/2012 - Over the first half of 2012, the African Development Bank (AfDB) has been demonstrating its commitment to support the scaling up of renewable energy in Africa with the approval of US $800 million in loans to spur private investment in Morocco’s growing wind and solar markets. The Bank’s technical and financial support of Morocco’s plan to develop a concentrated solar power (CSP) plant at Ouarzazate and its Integrated Wind/Hydro and Rural Electrification Program is helping Morocco realize its goal of increasing installed renewable energy capacity to 42 per cent by 2020 and becoming a renewable energy industry leader.

Categories: Morocco, Energy & Power, Climate Change, Climate Investment Funds (CIF), Environment

27/08/2012 - The African Development Bank (AfDB), in partnership with the World Bank, the United Nations and the Organisation for Economic Co-operation and Development (OECD), prepared a policy toolkit on inclusive green growth for the G20 Leaders’ Summit, held in Los Cabos, Mexico, in June, at the request of the G20 Development Working Group (DWG). Green Growth is one of the three priorities under the Mexican Presidency.

Categories: Mexico, Climate Change, Environment, Green Growth Initiative