News
18/05/2012 - Africa has experienced rapid economic growth over the last decade. Annual growth rates across the continent, averaging five to six percent per year, regularly outpaced those of other regions. A significant driver of growth has been the high demand and prices for raw materials. However, macro-economic reforms, greater political stability and urbanization also saw a strengthening of the services sector, a growing middle class and the emergence of pan-African entrepreneurship. Despite these promising developments, progress has been uneven across Africa. Poverty and food security remain pervasive problems.
Categories: Climate Change, Environment
18/05/2012 - Africa depends on its natural resources, now and for the future. Climate change is a major consideration in Africa, perhaps more than anywhere else. Farmers and herders need arable land and water. Today, expanding agriculture, logging, and the need for firewood are clearing forests and causing a loss of biodiversity. Currently, less than four percent of the continent’s potential water resources are harnessed for irrigation. Of the 1.4 billion people around the world who have no access to electricity, 40 percent live in Africa, and most of those live in sub-Saharan Africa
Categories: Climate Change, Environment
10/05/2012 - As Mali strives to become an emerging economy, it is focusing on energy sector reforms to support growth and improve quality of life. Renewable energy holds significant potential for scaling up across the country and promises to decrease dependence on fossil fuel imports and reduce forest degradation caused by increasing energy demands.
Categories: Mali, Climate Investment Funds (CIF), Energy & Power, Climate Change
08/05/2012 - Ethiopia’s efforts to increase energy efficiency and diversify its hydro-dependent energy mix through renewable energy got a USD 50 million boost from the Climate Investment Funds (CIF) committee meetings last week when Ethiopia’s investment plan under the Scaling Up Renewable Energy Program for Low Income Countries (SREP) was endorsed in full by CIF committee members.The decision came during the week-long CIF committee meetings in Washington, D.C. from 30 April to 4 May.
Categories: Ethiopia, Nigeria, Climate Investment Funds (CIF), Climate Change
04/05/2012 - The second event of the Bank’s Green Growth Seminar series hosted by the CCCC and ONEC took place in Tunis on Thursday 3rd May with a presentation by Oxfam on ‘Promoting growth within social and planetary boundaries.’
Categories: Agriculture & Agro-industries, Climate Change, Climate Investment Funds (CIF)
03/05/2012 - Egypt was once an exporter of oil and gas, but now it is struggling to meet its own energy needs. The growth in energy consumption is a response to the country’s economic expansion, industrialization, and change in the people’s lifestyle.
Categories: Egypt, Energy & Power, Climate Change
23/04/2012 - The African Development Bank (AfDB) joined some 125 representatives from developed and developing countries, implementing organizations and multilateral institutions at the Low Emissions Development Strategies (LEDS) Collaboration in Action workshop from 20-23 March 2012 outside of London, UK to advance a collaborative community of practice focused on promoting the low emission development agenda around the globe.
Categories: Climate Change, Climate Investment Funds (CIF)
23/04/2012 - On 28 and 29 March 2012, the African Development Bank (AfDB), organized a workshop to inform staff on the final design of the Climate Safeguards System (CSS) and raise awareness on the benefit and application of the CSS for AfDB investments in climate-sensitive sectors: agriculture, infrastructure (roads), energy and water.
Categories: Climate Change, Climate Investment Funds (CIF)
23/04/2012 - On 2 and 3 April 2012, Burkina Faso, the Democratic Republic of Congo (DRC) and Ghana joined other countries from around the world participating in the Forest Investment Program (FIP) in Brasilia, Brazil, for their third annual FIP pilot countries meeting. They shared innovations in investments to reduce emissions from deforestation and forest degradation (REDD+) and discussed working with private sector, indigenous peoples and local communities.
Categories: Burkina Faso, Democratic Republic of Congo, Ghana, Climate Change, Climate Investment Funds (CIF)
23/04/2012 - Zambia hosted the annual pilot countries meeting of the Pilot Program for Climate Resilience (PPCR) on 12 to 13 March 2012. Teams from Mozambique, Niger and Zambia joined counterparts from around the world in Livingstone, Zambia, to share lessons learned and best practices in developing strategic plans for climate resilience
Categories: Zambia, Mozambique, Niger, Climate Change, Climate Investment Funds (CIF)
