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.
- 18/08/2018 - African Development Bank Mourns Passing of former Secretary General of the United Nations and Nobel Peace Prize Laureate Kofi A. Annan
- 17/08/2018 - African Development Bank and Canada share commitment to women’s empowerment on the continent
- 16/08/2018 - Global Public Procurement Conference 2018
- 16/08/2018 - Poverty on the decline in eastern Côte d’Ivoire
- 15/08/2018 - Canadian Minister of International Development visits African Development Bank in Côte d’Ivoire, reinforces Canada’s role in Africa
- 14/08/2018 - The Youth – Africa’s Most Valuable Resource for Economic Transformation
- 14/08/2018 - Assessing development effectiveness: 2017 Annual Report highlights IDEV’s contribution to the Bank’s delivery on the High 5s
- 10/08/2018 - Nairobi-Addis Ababa road corridor boosts trade in East and Horn of Africa