24-Mar-2016

AfDB at COP21

The African Development Bank (AfDB) has released Financing Change: the AfDB and CIF for a Climate-Smart Africa, its 2015 Annual Report for its Climate Investment Funds (CIF) portfolio. The report demonstrates that by the end of 2015 through its AfDB-supported CIF portfolio, 27 African nations –...
Sierra Leone has received a $300,000 grant from the Climate Investment Funds (CIF) to prepare a far-reaching national Investment Plan (IP) to transform its renewable energy sector. The IP will be developed under the CIF’s Program for Scaling Up Renewable Energy in Low Income Countries (SREP) in a...
The African Development Bank announced its accreditation on Wednesday, March 9 as a multilateral implementing entity and intermediary to the Green Climate Fund (GCF), further enabling it to scale-up financing necessary to address the impacts of climate change. The GCF is a fund within the...
Energy is the central theme of the African Development Bank’s 2016 Annual Meetings as well as its 2015 Annual Report. The theme, “Energy and Climate Change”, underscores the importance the Bank attaches to energy, which the AfDB President, Akinwumi Adesina, describes as “the lifeblood of...