AfDB commits $25bn to African climate fund – Adesina


Akinwumi Adesina, the President of the African Development Bank, said the bank has committed to providing $25 billion to climate finance by 2050.


He disclosed this on Tuesday, the second day of the African Climate Summit at The Kenyatta International Convention Centre, Nairobi, Kenya.

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He noted that the apex development bank had launched the African Adaption Act Commission programme in conjunction with the Global Centre on Adaption to speed up climate initiatives in the continent.

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“At the national level, we must accelerate actions on climate adaptation, and that is why the African Development Bank has committed to providing $25bn to climate finance by 2025”, he stated.



The African Climate Summit is a maiden event in Africa, and is centred on green growth and climate finance to seek a prosperous, carbon-free Africa

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