The African Development Bank committed to significantly double its climate financing to 25 B$ between 2020 and 2025. This ambitious target aims to mobilize an additional 100 B$ for low-carbon and climate-resilient investments across Africa. The bank has also made significant allocations to renewable energy projects, reflecting its commitment to enhancing energy access and sustainability. CNBC Africa’s spoke to the VP for Power, Energy Climate Change & Green Growth at the bank for more insights.
