The African Development Bank Group [to 5 December 2015]
http://www.afdb.org/en/news-and-events/press-releases/
[We generally limit coverage to regional and global level initiatives, recognizing that a number of country-level announcements are added each week]
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ADF12 & 13: Is the AfDB delivering on its commitments?
04/12/2015 – The African Development Bank (AfDB) delivers on its commitments; produces important documents, tools, and structures; and launches initiatives, but attention needs to focus also on full implementation according to three new evaluations from Independent Development Evaluation (IDEV).
New adaptation support for Global Environment Facility a welcome infusion for Africa, says AfDB
03/12/2015 – The African Development Bank (AfDB) welcomes the new infusion of US $248 million for the Least Developed Countries Fund (LDCF) of the Global Environment Facility (GEF), which was announced Monday at the global climate summit in Paris. The new money, pledged by 11 donor countries (Canada, Denmark, Finland, France, Germany, Ireland, Italy, Sweden, Switzerland, United Kingdom and the United States of America) in the UN Framework Convention on Climate Change (UNFCCC) meeting, opens the door for new critical support for adaptation in the world’s most vulnerable countries, including a majority of African countries.
Multilateral Development Banks Join Forces to Ramp up Climate Action in Transport
03/12/2015 – Eight multilateral development banks today issued a joint statement, committing to accelerate their efforts to mitigate transport emissions and recognizing the need for more action on the resilience of transport to climate change. The sector accounts for about 60% of global oil consumption, 27% of all energy use, and 23% of world energy-related CO2 emissions.
AfDB to support electricity access for all by 2030 with African Renewable Energy Initiative
02/12/2015 – Africa has launched an ambitious Africa Renewable Energy Initiative (AREI) as the continent’s major contribution to Conference of Parties (COP21) taking place in Paris, France.
Development banks vow to mobilize collective resources to confront climate change
01/12/2015 – The heads of the world’s largest development banks have pledged to work together to substantially increase climate investments and ensure that development programs going forward consider climate risks and opportunities.
Multilateral Development Banks pledge increased funding to tackle climate change
01/12/2015 – Multilateral development banks (MDBs) identified climate financing for development action as a crucial step in putting the world on the pathway for sustainable development at the 21st Conference of Parties of the United Nations Framework Convention on Climate Change (COP21) in Paris on Monday.