African Development Bank Kicks off Creation of Four Green Banks in Africa
The African Development Bank (AfDB) has started creating four green banks in Africa to mobilise up to $1.5 billion by 2030 towards green financing.
The move, through the African Green Bank Initiative, is due to a lack of climate finance made available at each successive Conference of the Parties (COP) meeting on climate crisis held by the UN.
Photo courtesy of Edward Howell.
Source: The East African (link opens in a new window)
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