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African Development Bank Group (AfDB)

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    • Al Hamndou Dorsouma, head of the Climate and Green Growth division at the African Development Bank Group (center of the panelists), cited several Bank Group mechanisms related to the climate-peace-security nexus
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Source: African Development Bank Group (AfDB) |

United Nations Climate Change Conference (COP30): African Development Bank strengthens investments in climate-peace-security nexus

Nine of the 10 countries most vulnerable to climate change are in Africa

Climate change, of which Africa has been the principal victim, is aggravating severe and rising security threats across the continent — including terrorism, armed confrontations, and inter-community conflicts — endangering stability and, ultimately, the very survival of its populations. Nine of the 10 countries most vulnerable to climate change are…

African Development Bank Group (AfDB)

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    • (From left to right). Roberto Amerise, Director of General Affairs, Financial Programs and International Cooperation at the Italian Ministry of the Environment and Energy Security; Terje Pilskog, CEO of Scatec; Natascha Beinker, representative of the German Federal Ministry for Economic Cooperation and Development and Head of the Climate Policy Division; and Daniel Schroth, Director for Renewable Energy and Energy Efficiency at the African Development Bank Group
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Source: African Development Bank Group (AfDB) |

30th Conference of the Parties (COP30): African Development Bank Group’s (AfDB) Sustainable Energy Fund for Africa (SEFA) mobilises nearly EUR50 million in new commitments for just energy transition and Mission 300

The discussions also featured the impactful work of BURN, a successful African clean cooking company and SEFA grant recipient

The African Development Bank Group’s Sustainable Energy Fund for Africa (SEFA) (www.AfDB.org), a multi-donor special fund managed by the Bank Group, has secured new investment commitments totalling nearly EUR 50 million, to strengthen the rollout of Mission 300 (https://apo-opa.co/48qxL74) and accelerate climate action across Africa’s power sector. The commitments, made by…

African Development Bank Group (AfDB)

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    • Kevin Kariuki, African Development Bank Group Vice President for Power, Energy, Climate and Green Growth (1st from left) and Gareth Phillips, Group Climate and Environmental Finance Manager (3rd from left) at the launch of the call for expressions of interest for the ABM Secretariat at COP 30 on November 13, 2025
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Source: African Development Bank Group (AfDB) |

African Development Bank Group (AfDB’s) Adaptation Benefits Mechanism Concludes Pilot Phase, Moves to Establish Permanent Secretariat by 2027

African Development Bank Group launches ABM transition phase and call for expressions of hosting interest, at COP30 in Belém

The African Development Bank Group (www.AfDB.org) has concluded the pilot phase of the Adaptation Benefits Mechanism (ABM) and formally kicked off the implementation of a transition phase that will lead to the establishment of a permanent Secretariat by 2027. The ABM is the first non-market approach recognized specifically for adaptation…

African Development Bank Group (AfDB)

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    • Kevin Kariuki, AFDB Vice President for Electricity, Energy, Climate and Green Growth (2nd from left), outlined the institution's support mechanisms for fragile states
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Source: African Development Bank Group (AfDB) |

30th Conference of the Parties (COP30): The African Development Bank Highlights the essential role of climate finance for conflict-affected countries

Through its Climate Action Window, established in 2022, the Bank Group has supported 41 projects worth $322 million and mobilised an additional $1.6 billion in co-financing

The African Development Bank Group (www.AfDB.org) is playing a key role in supporting conflict-affected countries facing climate disruptions, Bank officials emphasised during a COP30 panel discussion on 12 November in Belém. Through its Climate Action Window, established in 2022, the Bank Group has supported 41 projects worth $322 million and…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Africa Day at 30th Conference of the Parties (COP30): Advancing Sustainable Financing for a Green and Resilient Future

Africa Day reiterated the continent’s call for a new collective quantified goal on climate finance that meets the scale and urgency of its needs

Africa marked Africa Day at COP30 under the theme “At the Forefront of Climate Action: Sustainable Financing for Inclusive and Resilient Green Growth,” reaffirming the continent’s united call for a new era of climate finance that delivers for people, planet, and prosperity.  The event, held in Belém, brought together ministers,…

African Development Bank Group (AfDB)

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    • Kevin Kariuki, Vice President of the African Development Bank Group for Power, Energy, Climate and Green Growth, leads the institution's delegation to the COP30 negotiations
    • Officials from multilateral development banks at the CIF-organised panel discussion
    • Brazilian President Luiz Inácio Lula da Silva delivers his opening address at COP30 in Belém, calling for more climate investment to avert
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Source: African Development Bank Group (AfDB) |

30th United Nations Climate Conference (COP 30): Multilateral development banks reaffirm their commitment to climate finance, pledge innovative funding for adaptation

The panel followed the official opening of COP30, marked by a passionate appeal from Brazilian President Luiz Inácio Lula da Silva for greater climate investment to prevent a "tragedy for humanity"

Multilateral development banks on Monday reaffirmed their commitment to climate finance, pledging to scale up innovative funding to boost climate adaptation and resilience. "Financing climate resilience is not a cost, but an investment." This was the key message from senior MDB officials at the end of a side event organised…

African Development Bank Group (AfDB)

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    • African Development Bank President Sidi Ould Tah (2nd left) with other multilateral development bank heads. Washington DC October 17, 2025
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Source: African Development Bank Group (AfDB) |

Heads of Multilateral Development Banks (MDBs) meet to take stock of progress on joint actions and look ahead

After their gathering, Heads held an exchange of views with Director General of the International Atomic Energy Agency, Rafael Grossi, on trends in civil nuclear energy

The Heads of Multilateral Development Banks (MDBs) Group, chaired in 2025 by the Council of Europe Development Bank (CEB), met today to review progress on joint actions and chart priority areas for the Group’s future work. Heads noted that their collaborative engagement has deepened throughout 2025, under the CEB’s Chairship…

African Development Bank Group (AfDB)

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    • Multilateral development banks hit record $137 billion in climate finance, driving sustainable development worldwide
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Source: African Development Bank Group (AfDB) |

Multilateral development banks hit record $137 billion in climate finance, driving sustainable development worldwide

MDBs mobilized $134 billion in private finance for climate action in 2024, a 33% increase from the year earlier, according to 2024 Joint Report on Multilateral Development Banks' Climate Finance

New report shows climate finance by multilateral development banks rose 10% in 2024 compared with previous year. MDBs’ climate finance for low- and middle-income economies increased 14% to more than $85 billion. Multilateral development banks (MDBs) delivered a record $137 billion in global climate finance last year—a 10% increase that underscores…

African Development Bank Group (AfDB)

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    • African Development Bank to join world leaders at the G20 Leaders’ Summit prioritizing global solutions to end hunger (1)
    • African Development Bank to join world leaders at the G20 Leaders’ Summit prioritizing global solutions to end hunger (2)
    • African Development Bank to join world leaders at the G20 Leaders’ Summit prioritizing global solutions to end hunger (3)
    • African Development Bank to join world leaders at the G20 Leaders’ Summit prioritizing global solutions to end hunger (4)
    • African Development Bank to join world leaders at the G20 Leaders’ Summit prioritizing global solutions to end hunger (4)
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Source: African Development Bank Group (AfDB) |

African Development Bank to join world leaders at the G20 Leaders’ Summit prioritizing global solutions to end hunger

The theme of the G20 Rio Summit is “Building a just world and a sustainable planet”

African Development Bank (www.AfDB.org) President Akinwumi Adesina is in Rio de Janeiro where he will reaffirm his commitment to ending hunger and malnutrition. The theme of the G20 Rio Summit is “Building a just world and a sustainable planet”. It will be held from 18-19 November, and a major focus here…

African Development Bank Group (AfDB)

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    • Municipal staff from African cities visit an electric bus maintenance center in Sao Paulo, as part of an AfDB-supported study tour focused on learning from Brazil’s experiences in sustainable urban development, August 7, 2024
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Source: African Development Bank Group (AfDB) |

African Development Bank Group supports study tour to Brazil to inspire African cities

The trip was inspired by the idea that peer exchanges between cities in the Global South can enrich the urban planning approaches and strategies of decision-makers in African municipalities

From August 5 to August 13, 2024, representatives from seven African cities visited the Brazilian cities of Sao Paulo, Fortaleza and Curitiba, to discover inspiring solutions being implemented by local authorities to promote sustainable urban development.  The Study Tour, organised as part of the African Development Bank’s African Cities Program…