News & Events
13/06/2018 - Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of US$ 35.2 billion in 2017, up 28 per cent on the previous year.
04/06/2018 - On the occasion of World Environment Day, June 5, and World Oceans Day, June 8, the African Development Bank is calling for collective action to reduce the pressing environmental and health challenges posed by plastic waste.
04/06/2018 - During this year’s Innovation4Climate meeting in Germany, focused on “Adaptation metrics for innovative results-based adaptation and resilience finance,” the African Development Bank hosted a workshop on Tuesday, May 21, in cooperation with Perspectives Climate Group, The Higher Ground Foundation.
01/06/2018 - Seven of the 10 countries in the world most threatened by climate change are in Africa. African economies are already suffering the devastating effects of climate change, further exacerbating their development challenges. In response, the African Development Bank is leading the way on what may be Africa’s most decisive action to ensure that the continent receives adequate climate finance.
01/06/2018 - The African Development Bank Director General for East Africa, Gabriel Negatu, and Sudan’s State Minister of Finance and Economic Planning, Magdi Yassin, presided over the signing ceremony of a grant agreement (Rural Livelihoods’ Adaptation to Climate Change in the Horn of Africa II) of about US $7 million on May 23, 2018 during the African Development Bank Annual Meetings in Busan, Korea.
- From: 04/05/2018
- To: 09/06/2018
- Location: CCIA Abidjan and Grand Bassam
From June 4-9, 2018, the African Development Bank is celebrating World Environment Day on June 5 on the theme “Beat Plastic Pollution” and the World Oceans Day on June 8 with a focus on “Preventing plastic pollution and encouraging solutions for a healthy ocean” with a range of activities programmed in Abidjan.
25/05/2018 - The African Development Bank and the Global Green Growth Institute (GGGI) signed a Memorandum of Understanding (MoU) Friday on the sidelines of the African Development Bank Group’s Annual Meetings in Busan, to promote programs, projects, joint studies and research activities to accelerate green growth options for African countries.
24/05/2018 - The President of African Development Bank, Akinwumi A. Adesina, and the Bank’s Board of Governors held a high-level session on “Climate and Disaster Risk Financing” focusing on the Role of the African Risk Capacity (ARC) and the Africa Disaster Risk Financing Program (ADRiFi) on Wednesday in Busan, Korea.
24/05/2018 - Ministers of Finance, Agriculture and Governors of Central Banks from African countries have called for further innovative financing mechanisms to deal with the impact of climate change, which has led to economic losses from cycles, conflict, insecurity and cross-border political instability in the Sahel region.
African Development Bank President Akinwumi Adesina attended the discussions by the Bank’s Board of Governors, emphasizing the Bank’s involvement in strengthening the technical cooperation between the Bank and the African Risk Capacity (ARC) to respond to climate change in Africa.
- From: 25/05/2018
- To: 25/05/2018
- Location: Busan, Korea
On Friday, May 25, 2018, the African Development Bank will host an open dialogue at the Bank’s Annual Meetings in Busan, Korea on the need to establish an African Financial Alliance for Climate Change (AFAC). Key representatives of financial institutions operating in Africa will exchange views on modalities to support and accelerate Africa’s efforts to fight climate change by mobilizing Africa’s domestic private resources to support the implementation of Africa’s Nationally Determined Contributions (NDCs) and to deliver the financial flows consistent with a development pathway leading to low-carbon and climate resilient development in Africa.