The African Development Bank (AfDB) has shown its commitment to help the continent cope with climate change. In 2009, the Bank Group developed its Strategy of Climate Risk Management and Adaptation (CRMA).
This strategy calls for increased support for capacity building of African countries to tackle climate change risks. It also ensures that all investments financed by the Bank are “climate-proof", meaning that they are designed, installed, implemented and managed to reduce to a minimal level the adverse effects of climate change, with the most cost-effective ratio as possible.
These strategies are spelt out in a comprehensive action plan, which includes investments of almost USD 8 billion by 2015.
The plan’s purpose is to reduce the continent's vulnerability to climate change and sustain the change to economies producing less greenhouse gas (GHG). The plan banks on AfDB resources but also on the contribution of its partners, multilateral and bilateral institutions, and the private sector.
- 19/02/2018 - Flux financiers illicites en Afrique de l'Ouest : lancement du nouveau rapport conjoint de la Banque africaine de développement et de l'OCDE
- 19/02/2018 - Executive Directors of the African Development Bank Conclude Consultation Mission to Sudan
- 19/02/2018 - African Development Bank Group rallies support for Gambia’s National Development Plan 2018-2021
- 16/02/2018 - Strengthening Regional Collaboration on STI, Education & Research Networks in Africa
- 15/02/2018 - Africa commits to support youth to build tomorrow's society through innovation
- 15/02/2018 - ADEA-USAID Global Book Alliance Partnership: Time to Eliminate Book Hunger for Children in Africa
- 15/02/2018 - The African Development Bank updates its African Bond Index
- 14/02/2018 - Digital finance is a powerful lever for real change, African Development Bank Vice-President Pierre Guislain tells Resilience Forum