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Speech delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group at the Launch of the Alliance for Green Infrastructure - COP 27, Sharm El Sheikh, Egypt - 9 November 2022

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

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

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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group at the Launch of the Alliance for Green Infrastructure - COP 27, Sharm El Sheikh, Egypt - 9 November 2022

ContextSpeech at COP27 in Sharm El Sheikh launching the Alliance for Green Infrastructure in Africa; the African Development Bank finances Africa's development and seeks green investment.

Why it mattersAdesina proposes mobilising institutional investors for climate-resilient infrastructure.

Problems raised
  1. Africa's infrastructure financing gap is huge.
  2. Infrastructure is not climate-resilient.
  3. Institutional investors stay away.
Solutions proposed
  1. Create an Alliance for Green Infrastructure.
  2. Build resilient infrastructure.
  3. Mobilise institutional investors at scale.
Read full speech on afdb.org ↗

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