The perceived risks of climate change initiatives are high due to the relative long-term maturity of such investments and the sometimes new or expensive technology to be utilised. The Bank plays a key role in backing such initiatives with its own resources, including leveraging financing from other sources, to incite investor confidence and participation in this emerging area.
Climate change is a global challenge that requires a global response. AfDB is working alongside other development partners including other Multilateral Development Banks (MDBs), UN organisations and bilateral development agencies to implement interventions that help Africa adapt to a changing climate as well as mitigate its risks.
- 21/06/2018 - African Legal Support Facility receives an award from Africa Energy Forum
- 21/06/2018 - With ALSF support, Seychelles launches tender for the development of a 4-MW solar PV plant
- 20/06/2018 - African Development Bank launches first Electricity Regulatory Index for Africa
- 20/06/2018 - Building sustainable Infrastructure for the Future: African Development Bank and World Bank host global roundtable on infrastructure governance
- 19/06/2018 - African Development Bank invests in Sudan agribusiness
- 19/06/2018 - African Development Bank joins Global Infrastructure Facility as Technical Partner
- 19/06/2018 - Preventing conflicts could save between 5 and 70 billion dollars, according to a study by the African Development Bank
- 15/06/2018 - Côte d'Ivoire: African Development Bank to help mobilize over CFAF 15 billion to finance pay-as-you-go solar home systems