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Statement by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at the High-level Strategic Roundtable on Climate Finance Spring Meetings of the World Bank and the International Monetary Fund - 18 April 2024

· 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 WikiStatement by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at the High-level Strategic Roundtable on Climate Finance Spring Meetings of the World Bank and the International Monetary Fund - 18 April 2024

ContextStatement at a high-level roundtable on climate finance during the World Bank and IMF Spring Meetings in Washington; the African Development Bank finances Africa's development and seeks more climate funding.

Why it mattersAdesina presents a window to channel climate money to the most vulnerable countries.

Problems raised
  1. Vulnerable countries lack climate finance.
  2. Adaptation needs are large.
  3. Low-income countries are hit hardest.
Solutions proposed
  1. Use the Climate Action Window.
  2. Fund adaptation and mitigation.
  3. Provide technical assistance.
Read full speech on afdb.org ↗

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