Trending
- The silent struggle: Women entrepreneurs in Africa and the financial divide
- Questions and answers on confirmation of war crime charges against Joseph Kony at the ICC
- The critical need for energy access in Africa: A roadmap to prosperity
- Killings, abductions, cruel laws worsen East Africa’s human rights record
- Will the Kampala Declaration deliver for African farmers amid climate change?
- Investments in ports, ICT and agriculture key in landmark Kenya-UAE trade pact
- The Just Energy Transition in Africa: Lessons from South Africa and Senegal
- Mukuru Wallet poised to bolster financial inclusion in Zimbabwe
Browsing: Climate change finance
- As COP29 starts in Baku, Azerbaijan, African nations are set to drive the climate agenda, focusing on climate finance and redefining economic metrics to recognize the continent’s green assets.
- Africa’s ‘green wealth’ push seeks to quantify Africa’s contributions to global environmental health, valuing its vast carbon sinks, natural resources, and ecosystems.
- This initiative, led by the AfDB in an alliance with the Republic of Congo and Kenya, could reshape Africa’s economic standing.
The annual United Nations climate conference, COP29, opens with a strong emphasis on climate finance, especially for developing nations that bear a disproportionate burden of climate change impacts.
At the forefront, African nations are pushing for increased funding and support, which is essential to advancing their National Adaptation Plans and Nationally Determined Contributions as outlined in the Paris Agreement.
This year, Africa, represented by the African Development Bank (AfDB) and a coalition of governments, is …
The African Development disbursed $5.6 million to Niger to implement its Africa Disaster Risk Management Funding Programme (ADRiFi).
The funds are from the African Development Fund (ADF-15) as technical and institutional support to strengthen the country’s resilience and response to drought-related disasters.
The project will be co-financed by the Bank’s group concessional rate loan window and the Pan-African mutual managed fund, a risk contribution of $1 million and by the Nigerien government $1.4 million.
Africa Disaster Risk Management Funding Programme (ADRiFi) aims to strengthen Niger’s resilience and response to climate shocks by improving its disaster risk management and adaptation to climate change.
ADRiFi will therefore provide financial and technical support to the Niger’s government through capacity building in terms of drought risk assessment, prevention of drought-related food crises and development of contingency plans. It will also support through transfer of sovereign risk through the subscription of insurance against drought risks …