Climate finance in Africa: African Development Bank spearheading innovative mechanisms and instruments
At its Annual Meetings in Sharm El-Sheikh, Egypt, from May 22-26, 2023, the African Development Bank will explore innovative approaches to boost private sector finance for climate action on the continent. Africa contributes the least – less than 3% — to global warming, yet the continent is the most vulnerable to climate risks. To build resilience against climate change, the…
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