African Green Banks Initiative

LATEST

African Green Banks Initiative: How the AfDB Is Building a $1.5 Billion Climate Finance Machine

For decades, Africa has faced a cruel paradox: the continent least responsible for global carbon emissions faces some of the most severe consequences of climate change, yet receives a fraction of the global finance needed to respond. A pan-continental initiative from the African Development Bank (AfDB) is now trying to permanently fix that equation. The African Green Banks Initiative (AGBI),…