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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)

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    • The African Development Fund, through its Climate Action Window, will provide a response to the Sahelian wetlands of catchment basins in Burkina Faso, Mali, Niger and Senegal, which are subject to ongoing degradation due to unsustainable exploitation practices and inefficient management of natural resources
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Source: African Development Bank Group (AfDB) |

The Climate Action Window of the African Development Fund grants over $9 million to strengthen climate resilience in the Sahel's main catchment basins

The Sahelian wetlands of the catchment basins in Burkina Faso, Mali, Niger and Senegal are subject to ongoing degradation due to unsustainable exploitation practices

The Board of Directors of the African Development Fund has awarded a grant of $9.48 million to implement the Community and Ecosystem Resilience and Adaptation in the Wetlands of the Sahel Catchment Basins Project.   The financial support comes from the Climate Action Window (https://apo-opa.co/4i6v3Hi) -- a climate change financing mechanism…

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

Multilateral Development Banks Unite at 30th Conference of the Parties (COP30) to Accelerate Climate-Smart Development

The MDBs are supporting clients to scale up nature-positive investments by improving metrics, methodologies, and financial product design

New report showcases best practices for delivering resilience and innovative approaches to scale up adaptation results MDBs publish metrics and methodologies to unlock financing for nature and biodiversity Multilateral Development Banks (MDBs) reaffirm, on Monday at COP30, their commitment (https://apo-opa.co/49N1Fn1) to respond to their clients' priorities to improve livelihoods 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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    • For more than a decade, the African Development Bank Group's financial instruments have been responding to the needs of an African population exposed to climate risks, even though the continent is only a minor contributor to global warming
    • A lush 50-hectare forest in the Democratic Republic of Congo as part of the Integrated REDD+ Project in the Mbuji-Mayi, Kananga and Kissangai Basins (PIREDD-MBKIS), financed by the African Development Bank through the Forest Investment Program (FIP)
    • Funding from the African Development Fund's Climate Action Window will help build climate resilience in Sierra Leone, South Sudan, Djibouti and Madagascar
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Source: African Development Bank Group (AfDB) |

On the road to 30th United Nations Climate Change Conference (COP30): the African Development Bank Group is piloting several financial instruments to support African countries in tackling climate change

The main priorities for this COP are to accelerate the energy transition, ensure a just transition for the most vulnerable nations, and, above all, mobilise large-scale climate finance for developing economies

Eight of the 10 countries most affected by climate change are in Africa: droughts, cyclones and floods are compromising agricultural production, exposing populations to food insecurity and climate-induced migration and putting pressure on key sectors critical to the continent’s development, resulting in a significant displacement of public expenditure. Despite a…

African Development Bank Group (AfDB)

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    • Behailu Seboka, founder of Askema Engineering, in his workshop
    • Participants at the ACEA Annual Meeting in Addis Ababa
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Source: African Development Bank Group (AfDB) |

Africa’s Circular Economy gains momentum as innovation meets opportunity

The African Development Bank Group has incorporated circularity into its Ten-Year Strategy 2024–2033, recognising it as a foundation for sustainable prosperity

On the outskirts of Addis Ababa, 30-year-old Behailu Seboka, founder of Askema Engineering, manufactures brake pads from discarded slaughterhouse materials. What began as a university project now employs 268 people and serves 6,400 customers across Ethiopia. "With the right support, we can prove that the circular economy is not only…

African Development Bank Group (AfDB)

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    • Mozambique Receives $2 Million Insurance Premium for Drought Protection as African Risk Financing Programme Reaches $150 Million Milestone
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Source: African Development Bank Group (AfDB) |

Mozambique Receives $2 Million Insurance Premium for Drought Protection as African Risk Financing Programme Reaches $150 Million Milestone

The forum was jointly organised by the government of Mozambique and the African Development Bank to advance ADRiFi's disaster risk financing on the continent

Mozambique received a $2 million insurance premium for drought protection covering the 2025-2026 agricultural season, marking the country's third consecutive year of coverage under the African Development Bank's disaster risk financing programme (www.AfDB.org). The premium was announced during the 2025 Climate and Disaster Risk Financing Forum (CDRFI), held from October…

African Development Bank Group (AfDB)

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    • African Development Fund launches African Development Fund (ADF-16) Delivery and Results Report 2025: Driving Inclusive Growth through Strategic Investments for Impactful Results (1)
    • African Development Fund launches African Development Fund (ADF-16) Delivery and Results Report 2025: Driving Inclusive Growth through Strategic Investments for Impactful Results (2)
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Source: African Development Bank Group (AfDB) |

African Development Fund Launches African Development Fund (ADF-16) Delivery and Results Report 2025: Driving Inclusive Growth through Strategic Investments for Impactful Results

ADF investments helped 2.9 million people gain access to clean water services, connected 500,761 people to electricity (including 251,766 women), and improved health services for 1.2 million people

The African Development Bank Group (www.AfDB.org) today released its African Development Fund (ADF-16) Delivery and Results Report for 2025, demonstrating the Fund's significant impact in supporting sustainable development across Africa's low-income countries. Download Report:  https://apo-opa.co/3W0IhLn  https://apo-opa.co/42BmAoV In a global context marked by economic turbulence, mounting debt, and security challenges, Africa…