The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more
20/11/2013 - The African Development Bank’s green growth side event at the 19th Conference of Parties (COP 19) in Warsaw, Poland, provided a strong case for the collective objective of ensuring the transition to green growth and sustainable development in Africa.
Categories: Poland, Climate Change, Environment, Private Sector, Climate Investment Funds (CIF), Green Growth Initiative, Green Bonds Program, Global Environment Facility (GEF), Sustainable Energy Fund for Africa, Congo Basin Forest Fund
15/11/2013 - Multilateral development banks (MDBs) provided almost US $27 billion worldwide, in financing to address the challenges of climate change in 2012, according to the second joint MDB report on climate finance. The report was released today, in line with the commitment by MDBs to enhance the transparency of their investments in climate change mitigation and adaptation.
Categories: Climate Change, Environment, Energy & Power, Climate Investment Funds (CIF), Global Environment Facility (GEF), Green Growth Initiative, Green Bonds Program, Sustainable Energy Fund for Africa
The African Development Bank (AfDB) will promote Africa’s green growth agenda at the 19th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC – COP 19) taking place this week and next in Warsaw, Poland.
Categories: Poland, Climate Change, Energy & Power, Environment, African Green Fund, Climate Investment Funds (CIF), Congo Basin Forest Fund, Global Environment Facility (GEF), Green Bonds Program, Green Growth Initiative, Sustainable Energy Fund for Africa
13/11/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, November 13, a US $65-million equity investment package in the Africa Renewable Energy Fund (AREF) comprised of US $25 million from its statutory resources, US $35 million from the Sustainable Energy Fund for Africa (SEFA) and US $4.5 million from the Global Environment Facility (GEF). AREF is a private equity fund that will invest in small- to medium-sized renewable energy projects in Sub-Saharan Africa (SSA), excluding South Africa, with a targeted fund size of US $150 million to $200 million.
09/10/2013 - The Council of the Least Developed Countries Fund (LDCF) hosted by the Global Environment Facility has approved on September 20, 2013 a project aiming at strengthening climate resilience of infrastructure in coastal areas in Togo through a grant of USD 8.93 million. This project will enable the construction of specific infrastructure that will protect the littoral, transport infrastructure in particular, from sea-level rise in the areas of Baguida Plage and Kossi Agbavi.
03/10/2013 - Between 2011 and 2012, the African Development Bank (AfDB) increased by a staggering 92% its investment in clean energy in Africa, according to a new report by Bloomberg New Energy Finance. The publication looks at the clean energy transactions of 26 national and multilateral development banks from 2007 to 2012.
26/09/2013 - The Board of Directors of the African Development Bank (AfDB) Group met on Wednesday, September 18, 2013 in Tunis and approved US $43.27 million (UA 28.845 million) to finance Sierra Leone’s Rural Water Supply and Sanitation Project, which aims to increase access to water and sanitation in the rural areas of the country. The overall goal of the project is to contribute to the Sierra Leone’s Poverty Reduction Strategy Agenda for Prosperity and achievement of the water supply, sanitation and hygiene targets set out in the Millennium Development Goals (MDGs).
Categories: Sierra Leone, Water Supply & Sanitation, Poverty Reduction, Millennium Development Goals (MDGs), Education, Climate Change, Infrastructure, Fragility & Resilience, Global Environment Facility (GEF), Rural Water Supply & Sanitation Initiative, ADF, Board of Directors
05/09/2013 - The African Development Bank Group (AfDB) is supporting Senegal’s efforts to protect Lake Guiers in the northern part of the country with a loan and a grant totaling US $24.42 million (UA 15.86 million) to finance restoration of the lake.
14/08/2013 - Les activités du Projet d’aménagement des bassins versants et d’amélioration de la résilience climatique (PABVARC) ont été officiellement lancées le 9 août dernier au Burundi, au siège du projet, à Mahwa, dans le centre du pays.
13/08/2013 - African countries have hardly contributed to global greenhouse gas emissions. Yet, they are the most affected by climate change, putting livelihoods and natural assets at risk.