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On the Road to COP30: AfDB Pilots New Climate Finance Instruments to Accelerate Africa’s Low-Carbon Transition

Ahead of COP30, the African Development Bank unveils new financing instruments—including SEFA, ACEF, and the Climate Action Window—to strengthen Africa’s resilience, boost renewables, and accelerate a just energy transition.

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AfDB and IFRS Foundation to Boost Sustainable Finance Disclosure in Africa

The African Development Bank (AfDB) and the International Financial Reporting Standards (IFRS) Foundation have signed a letter of intent to enhance sustainability disclosure practices across Africa. This agreement, made during the AfDB’s 2024 Annual Meetings in Nairobi, aims to improve transparency and accountability in the region’s financial markets. Kevin Kariuki, AfDB Vice President for Climate, […]

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