Monday
December 11
2023

Africa’s Climate-Aligned Infrastructure Receives $175 Million Pledge

By Fred Obura

Climate-aligned infrastructure across Africa received a boost following over $175million pledge by various bodies at the COP28 Summit in Dubai.

According to the African Development Bank Group President Dr Akinwumi Adesina, the continent needs private sector financing at scale to tackle climate change and fill Africa’s huge infrastructure gap in a sustainable and climate-resilient manner.

Source: The Kenyan Wall Street (link opens in a new window)

Categories
Finance, Technology
Tags
climate change, global development, infrastructure, SDGs, sustainable finance