We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies. Cookie Policy

Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

ADVERTISEMENT
Africanian
  • News
  • News 24/7
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
No Result
View All Result
Home News

President Biden’s Special Envoy for Climate, Secretary John Kerry Meets African Development Bank President, Akinwumi Adesina on Climate Financing for Africa

Dr. Adesina also briefed Secretary Kerry about the Bank’s bold initiatives, including investment in the construction of the world’s largest solar power zone.

in News
Reading Time: 2 mins read
1 0
0
President Biden’s Special Envoy for Climate, Secretary John Kerry Meets African Development Bank President, Akinwumi Adesina on Climate Financing for Africa
1
SHARES
Share on FacebookShare on TwitterShare via Whatsapp

US President Joseph Biden’s special envoy for Climate, Secretary John Kerry, and the African Development Bank President Dr. Akinwumi Adesina have held a virtual meeting ahead of November’s global climate summit, COP26.  They discussed Africa’s climate emergency, preparations for COP26 and how the US can help close the annual $27 billion climate finance gap for Africa.

Dr. Adesina praised President Biden’s bold announcement doubling the US government’s contribution to climate finance to $11.4 billion a year by 2024.

The African Development Bank is taking strong actions to tackle climate change on the continent and has committed to doubling its climate finance to $25 billion by 2025.

The Bank is spearheading efforts to mobilize increased private sector financing for climate change through several initiatives,including the Africa Financial Alliance for Climate Change. It is mobilizing all financial institutions, the private sector and stock markets to increase their investments in green and clean energy.

“It is time to move from billions to trillions of dollars of investments in climate financing to build Africa’s resilience,and the private sector must play a much larger role,” Dr. Adesina said.

More

In Tanzania, the Kibuka community has improved their household economy by more than 50%.

Lesotho increases blood collection by 70% between 2017 and 2024

RevUp Women Initiative Launches Nigeria Edition at Lagos Startup Week 2025

Dr. Adesina also briefed Secretary Kerry about the Bank’s bold initiatives, including investment in the construction of the world’s largest solar power zone. The Desert-to-Power project will generate 10,000 megawatts of electricity for 250 million people.

In addition, the Bank and the Global Center for Adaptation have launched the African Adaptation Acceleration Program to mobilize an additional $12.5 billion to scale up climate adaptation and resilience across the continent. The African Development Bank is using its Sustainable Energy Fund for Africa to support the development and promotion of renewable energy.

Dr. Adesina called on developed countries to meet their promise to provide $100 billion annually to support developing countries to tackle the impact of climate change, build climate adaptation and resilience. “The leadership and strong support of the United States for the Desert-to-Power program, the Sustainable Energy Fund for Africa and the African Adaptation Acceleration Program will be critical for success at scale.”

Secretary Kerry commended the leadership of the African Development Bank. He said: “These initiatives for climate financing by the African Development Bank are bold ideas and they will help change the picture on climate financing for Africa.”

Secretary Kerry added that the US government will provide strong support and partnership towards the success of Africa’s climate change initiatives.

Source: afdb.org
africanian

africanian

  • Trending
  • Comments
  • Latest
Rwanda combines youth innovation and circular economy to build a resilient nation

Rwanda combines youth innovation and circular economy to build a resilient nation

July 3, 2025
Weather in South Africa: Climate and Seasons

Weather in South Africa: Climate and Seasons

August 25, 2020
Weather in Kenya: Climate, Seasons, and Average Temperature

Weather in Kenya: Climate, Seasons and Average Temperature

August 26, 2020
In Tanzania, the Kibuka community has improved their household economy by more than 50%.

In Tanzania, the Kibuka community has improved their household economy by more than 50%.

July 11, 2025
Lesotho increases blood collection by 70% between 2017 and 2024

Lesotho increases blood collection by 70% between 2017 and 2024

July 8, 2025
Nigeria accelerates economic transformation with key reforms and signs of recovery

Nigeria accelerates economic transformation with key reforms and signs of recovery

July 7, 2025
Twitter Instagram Youtube Facebook
No Result
View All Result

Africanian News

Is a dedicated project aimed at amplifying the voices of the African Ecosystem and Diaspora. We actively collaborate with initiatives to improve access to education and digital inclusion, both in traditional schools and through digital platforms, for African children.

It’s crucial to emphasize that none of the articles or images featured on our platform are intended for copyright infringement, neither now nor in the future. If you believe that any information, text, image, etc., may be subject to copyright and should be removed, please notify us by sending an email to info@africanian.com

Your dreams matter; your stories matter.

Feel free to explore collaboration opportunities with us. Share your articles, thoughts, interviews, experiments, or no-comment videos by reaching out to info@africanian.com. You can also subscribe to our mailing list to receive the latest updates from Africanian News.

© 2024 Africanian News: From Africa, by Africans, for Africa, and friends of Africa.

No Result
View All Result
  • News
  • Politics
  • Business
  • Health
  • Sports
  • Entertainment
  • Tech
  • Travel
  • World

© 2024 Africanian News: From Africa, by Africans, for Africa, and friends of Africa.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.