This experimental wind farm in Klipheuwel in Western Cape, South Africa is part of an initiative to promote green energy in Africa. AfDB recently pledged new funds to support sustainable development in the region. Photo by: warrenski / CC BY-SA 2.0 warrenskiCC BY-SA 2.0

The appointment of African Development Bank President Donald Kaberuka to the high-level advisory group on climate change by United Nations Secretary-General Ban Ki-Moon reflects the bank’s active role in combating climate change, the bank said in a news release. In the past year, the regional lender successively endorsed strategic legal frameworks, programs and funding mechanisms to address climate-related issues.

For one, AfDB has established the Climate Risk Management and Adaptation Strategy, which focuses on promoting climate resilience, and policy and regulatory reforms. The bank has also pledged USD30 million to the Clim-Dev Fund, a climate investment fund that has backed grants to Zambia, Burkina Faso and Ghana. 

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.