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Adesina calls out developed nations for not honoring $100 billion-a-year pledge A lack of adequate financing for tackling climate change in
African Development Bank 2023 Annual Meetings: African Development Bank chief says dearth of climate finance flows “choking” Africa
President, African Development Bank (AfDB), Dr Akinwumi Ayodeji Adesina, said growth has made a compelling case for investors to put their money in Africa for climate change and green growth.
A lack of adequate financing for tackling climate change in Africa has become dire and is “choking” the continent, African Development Bank Group President Dr. Akinwumi Adesina said on Monday. He was addressing scores of journalists from Africa and around the world at a media lunch organized to kick off its 2023 Annual Meetings in the Egyptian resort city of Sharm El Sheikh.
Through the African Development Fund's new climate action window with an initial financing of $429 million, the African Bank will strengthen Africa's development efforts and promote a resilient and lo