News & Events
01/11/2011 - As part of an ongoing effort to prepare Africa's negotiating position at the December UN Climate Change Conference of Parties (COP17) in Durban, South Africa, the African Development Bank (AfDB) sent a delegation led by its Quality Assurance and Results Department and Climate Change Coordinating Committee to the UN Climate Change Conference in Panama City, Panama from 1 to 7 October 2011. This was the last formal negotiating session of the United Nations Framework Convention on Climate Change (UNFCCC) before COP17. The AfDB followed up with African negotiators on outstanding issues, including the Africa Green Fund, and hosted two side events on critical areas in Africa’s fight against climate change: understanding Nationally Appropriate Mitigation Actions (NAMAs) and managing water resources.
Categories: South Africa, Quality Assurance & Results, Climate Change, Climate Investment Funds (CIF), Water Supply & Sanitation, Environment
14/10/2011 - Africa is the youngest region in the world. Youngsters make up more than two thirds of Africa’s population, yet they are more likely than adults to be unemployed. In some countries, such as South Africa, Tunisia and Morocco, youth unemployment rates are up to 3 times higher than those of adults. This serious jobs gap needs to be addressed rapidly or else it could translate into social tensions as recently witnessed during the Arab Spring.
Categories: South Africa, Human and Social Development, Youth
28/09/2011 - Even though Africa contributes roughly 7% of global greenhouse gas (GHG) emissions, the continent can play an important role in mitigating the GHGs emissions and reducing the harmful impacts of climate change. Determining which actions to take is a complex process, but developing nations have been given latitude to propose nationally appropriate measures to contribute to global mitigation efforts while taking into account their development objectives.
Categories: Morocco, South Africa, Climate Change, Climate Investment Funds (CIF), Environment
28/09/2011 - The African Ministerial Conference on the Environment (AMCEN) held its fourth special session in Bamako, Mali on 15-16 September 2011 to discuss and consolidate the common African negotiating position on a comprehensive climate change regime beyond 2012. They also worked to prepare for the Rio+20 Sustainable Development Conference to take place in June 2012. The African Development Bank (AfDB) consulted on its draft report on the Africa Green Fund as mandated by the African Union Summit of July 2011.
Categories: South Africa, Brazil, Mali, Climate Change, Climate Investment Funds (CIF), Environment
26/09/2011 - Eskom and the African Development Bank (AfDB) today signed two loan agreements for a total value of USD365 million that will enable the first large-scale implementation of renewable wind and solar generation in Eskom’s history.
Categories: United States of America, South Africa, Energy & Power, Climate Change, Private Sector Development, Environment
28/06/2011 - Fast delivery of results versus promotion of multi-stakeholder engagement and participation in CIF programs and projects was the main debating point during the in-country partnerships session at the Climate Investment Fund (CIF) Partnership Forum, hosted by the African Development Bank (AfDB) in Cape Town on 24 and 25 June, 2011.
Categories: South Africa, Climate Change, Climate Investment Funds (CIF), Environment
27/06/2011 - The Southern Africa region loomed large on the Bank’s operational radar in 2009, when loan and grant approvals to the countries climbed to USD 5.44 billion (UA 3.40 billion), from USD 769.44 million (UA 475.9 million) the previous year; representing over 600 percent increase. The numbers were propelled by two budget support loans amounting to USD 2.42 billion (UA1.51 billion) approved for Botswana and Mauritius, to help mitigate the impact of the global economic and financial crisis in these countries.
Categories: Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Namibia, South Africa, Swaziland, Zambia, Zimbabwe, Regional Integration
27/06/2011 - Tanja Faller, an energy economist at the African Development Bank (AfDB) described the opportunity offered to Africa by developing a clean energy industry during a session on ‘Leap into Green Growth: Promoting Clean Technology Manufacturing” at the Climate Investment Funds Partnership Forum, from 24 to 25 June in Cape Town, South Africa.
Categories: South Africa, Climate Change, Climate Investment Funds (CIF), Environment
24/06/2011 - “Africans are leading with their own plans for climate change, and they have called for additional financing instruments that respond directly to their priorities,” African Development Bank (AfDB) Vice President, Bobby Pittman, said at the 2011 Climate Investment Funds Partnership Forum. The AfDB is hosting the event from 24-25 June 2011, in Cape Town, South Africa.
Categories: South Africa, Climate Investment Funds (CIF), Climate Change, Environment
24/06/2011 - African efforts on climate action received a welcome boost today with approval of a ground-breaking renewable energy project in Morocco that should be a game-changer for solar power at large-scale.
Categories: South Africa, Climate Change, Climate Investment Funds (CIF), Environment
