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Opening Speech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group Presidential Opening of the African Climate Summit September 5, 2023 Nairobi, Kenya

· Akinwumi Adesina, President of the African Development Bank Group (International)

Summary written by Dark Majestic in its own words · topics: climate, energy and nature, development and emerging economies, growth, investment and productivity

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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Speech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group Presidential Opening of the African Climate Summit September 5, 2023 Nairobi, Kenya

ContextOpening speech at the African Climate Summit in Nairobi before African heads of state; the African Development Bank finances Africa's development and seeks climate finance for the continent.

Why it mattersAdesina proposes investment compacts to fund national adaptation plans.

Problems raised
  1. Africa suffers most from climate change.
  2. Adaptation finance is insufficient.
  3. National adaptation plans lack funding.
Solutions proposed
  1. Develop climate adaptation investment compacts.
  2. Channel finance to national adaptation actions.
  3. Scale up adaptation financing.
Read full speech on afdb.org ↗

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