DiscoverZero: The Climate RaceThis bank is turning Africa into a climate investment opportunity
This bank is turning Africa into a climate investment opportunity

This bank is turning Africa into a climate investment opportunity

Update: 2024-05-02
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Africa currently loses between $7 billion and $15 billion a year because of climate change. If that trend continues, the sum could reach $50 billion by 2030. But African Development Bank President Akinwumi Adesina sees a way forward. He describes the financial instruments the bank is using to encourage investors to fund green development projects across the continent. Adesina talks about making climate investments more attractive globally, and unpacks the projects the bank is already funding – from solar panels in the Sahel to a hydroelectric dam in Mozambique. 


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This bank is turning Africa into a climate investment opportunity

This bank is turning Africa into a climate investment opportunity

Bloomberg