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.
- 19/04/2018 - Asian Infrastructure Investment Bank and African Development Bank sign MoU to promote cooperation
- 19/04/2018 - EIB and African Development Bank to support private sector investment in Nigeria with Development Bank of Nigeria backing
- 18/04/2018 - African Development Bank, African Institute of Mathematics and Science to transform industry-led research in Africa
- 18/04/2018 - Successful completion of Third West African Forum for Climate and Clean Energy Financing in Abidjan
- 18/04/2018 - Africa crafts message of sustainability for international climate negotiations
- 16/04/2018 - African Development Bank releases first-ever highlights of 2018 African Economic Outlook in Arabic, Hausa and Kiswahili
- 16/04/2018 - The African Development Bank supports Nigeria’s healthcare sector
- 13/04/2018 - Banque africaine de développement : les acteurs africains du financement du développement en réunion