(AFRICAN EXAMINER) - The American Government has reaffirmed its resolve and commitment to support the climate Adaptation Benefit Mechanism, which is driven by the African Development Bank (AfDB). Under the Adaptation Benefit Mechanism, development partners, consumers, funds and philanthropists will sign purchase agreements for Certified Adaptation Benefits. Project developers will use these as collateral to
(AFRICAN EXAMINER) - Climate Investment Funds (CIF), a premier multilateral climate finance mechanism at the forefront of climate action in developing countries, has promised to continue to mobilize resources to support African countries. Established at the request of G8 and G20 countries in 2008 as one of the largest fast-tracked climate financing instruments globally, CIF
(AFRICAN EXAMINER) - President of African Development Bank (AfDB) Group, Dr. Akinwumi Adesina has said that Africa’s energy transition would require an estimated $100 billion annually between 2020 and 2040. Dr. Adesina noted made the observation while speaking at the Berlin Energy Transition Dialogue, hosted by the German government. The annual Berlin Energy Transition Dialogue
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