The Board of Directors of the African Development Bank (AfDB) Group has approved a $10 million equity investment in the Alliance for Green Infrastructure in Africa-Project Development Fund (AGIA-PD). Led by the AfDB, the AGIA-PD fund is a $10 billion initiative designed to help accelerate Africa’s green transition.
Toute l'actu sur la protection de l'environnement
Italy-Africa Summit: Rome backs « Green Cities for Africa » initiative
At the Italy-Africa summit in Rome on January 29, 2024, the Italian government announced a 5.5 billion euro investment plan to support development in Africa. This support will include renewable energies, energy efficiency projects, water and sanitation. This will be done in line with the provisions of the joint « Green Cities for Africa » project.
AFRICA: the continent is well on the way to achieving SDG 9
Of all the Sustainable Development Goals (SDGs), African countries are clearly on track to achieve SDG 9, which aims for sustainable industrialization that benefits all and encourages innovation. Nearly 4 out of five people on the African continent own a cell phone, the world’s fastest-growing mobile phone market. However, the annual report on the MDGs in Africa points to delays and disparities in the expansion of rural roads.
AFRICA: natural capital is gradually being taken into account
Long ignored and plundered by essentially capitalist exploitation, Africa’s natural capital is now emerging as a guarantee of a green economy and an opportunity for global climate action. Studied, quantified and sustainably developed, the potential of Africa’s natural capital offers opportunities that complement private capital flows and official development assistance.
AFRICA: the AfDB and UNEP join forces to implement the KMGBF of biodiversity
The African Development Bank (AfDB) is joining forces with the United Nations Environment Programme (UNEP) to create an expert group on financing biodiversity in Africa. The initiative is part of the implementation of the Kunming-Montreal Global Biodiversity Framework (KMGBF) in Africa. This framework sets out an ambitious path for achieving the global vision of a world living in harmony with nature by 2050.
COP27: Launch of a guide on fair climate finance
As part of the work of the 27th United Nations Climate Conference (COP27), Egypt and about 100 partners, including the African Development Bank (AfDB), have published a document on fair climate finance. The Sharm el-Sheikh Guide to Fair Climate Finance, launched on 11 November 2022, aims to help turn promises into action and strengthen the African continent’s drive for sustainable development.
AFRICA: AfDB report assesses feasibility of debt-for-nature/climate swaps
A publication highlights policy options for sustainable financing, with a focus on debt-for-climate/nature swaps. The report was released on October 13, 2022 by the African Development Bank (AfDB), in partnership with the Potomoac Group and the World Wildlife Fund (WWF).
AFRIQUE : la BAD milite pour des DTS destinés à la résilience climatique
La Banque africaine de développement (BAD) multiplie des démarches pour un renforcement de la finance climatique en Afrique. Après avoir estimé à 1600 milliards de dollars, les besoins financiers de l’Afrique pour faire face aux effets du changement climatique d’ici à 2030, la BAD invite le Fonds monétaire international (FMI), à accorder au continent, un nouveau type de droit de tirages spéciaux (DTS) destiné à la résilience climatique.
CAMEROUN : la BAD veille à la conformité environnementale de ses projets
La Banque africaine de développement (BAD) veut améliorer la conformité environnementale et sociale des projets de son portefeuille au Cameroun. C’est l’objectif de l’atelier virtuel de renforcement des capacités sur