Statement by Dr. Akinwumi A. Adesina President, African Development Bank Group Governors’ Dialogue Annual Meetings 2023 Sharm El Sheikh, Egypt 24 May 2023
ContextStatement at the governors' dialogue of the bank's 2023 Annual Meetings in Sharm El Sheikh; the African Development Bank finances Africa's development and needs private climate finance.
Why it mattersAdesina proposes a climate action window for low-income countries.
Problems raised
Low-income countries are most vulnerable to climate change.
They cannot access climate finance.
Adaptation needs are rising.
Solutions proposed
Open a Climate Action Window in the African Development Fund.
Mobilise climate finance for low-income countries.
