Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of US$ 35.2 billion in 2017, up 28% on the previous year, says new report.
Focusing on the Role of the African Risk Capacity (ARC) and the Africa Disaster Risk Financing Program (ADRiFi) a high-level forum took place in Busan, Korea.
The African Development Bank, which begins its annual meetings this morning in Busan, Korea advises African countries to diversify their energy sources in order to sustain their industrialization efforts.
The International Fund for Agricultural Development (IFAD) and the Government of Guinea signed a new financial agreement today to help more than 65,000 rural households raise their incomes, improve their diets and increase their ability to deal with climate change.
The first Africa Blue Economy Forum (ABEF) is set to be held in London in the coming June, to coincide with World Oceans Day, the organizers said.
The second African Climate Talks opened in Addis Ababa Thursday with participants discussing issues of climate governance and Africa’s participation in global climate negotiations, weather and climate information services, among other topics.
It is essential to build a science base and research capacity in Africa for the benefit of the local and global population. Contingent on the success of this are important components of our daily life and of our future: climate change, health, food security, energy, urban planning and transport, to name a few.