Focus on African Development Bank
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Italy and African Development Bank sign $420 million co-financing deal
The deal is part of Italy's €6b Mattei plan to boost African development.
BiodiversityClimateClimate FinanceEconomyEnvironmentIndigenousNewsResiliencyWeather
Climate Investment Funds board backs $500 million Ethiopia nature plan
CIF backs a $500M plan to restore degraded land in Ethiopia, protect forests, boost food security, and fight climate change.
AnalysisClimateClimate FinanceEmissionsEnvironmentPoliticsUnited Nations
Multilateral development bank climate finance: The good, bad and the urgent
MDBs delivered a record $125B in climate finance in 2023, but adaptation funds lag; reforms and concessionality remain crucial.
AnalysisBusinessClimate FinanceEmissionsEmissions MarketsResiliencySolarUnited NationsVoluntary Carbon Markets (VCMs)
Can a COP29 deal clean up scandal-ridden carbon offsets?
COP29 carbon credit deal could fund emissions cuts, but past scandals mean trust must be regained first.
BiodiversityClimate FinanceEconomyEnvironmentIndigenousNewsPoliticsResiliency
Ecuador nature deal scrutiny has not slowed work on debt swaps, IDB says
An enquiry into Ecuador's debt-for-nature swap has not slowed work on the instruments, president of the Inter-American Development Bank said.
