The Board of the African Development Fund (ADF) on Wednesday approved a $685,000 grant to strengthen Zimbabwe’s capacity to manage disaster risks, including droughts, floods and tropical cyclones, through the Bank’s Africa Disaster Risk Financing (ADRiFi) programme.
Multilateral Development Banks (MDBs) are stepping up their support for refugees and people affected by forced displacement, including hosting communities, across a wide range of sectors and policy instruments.
The pledges were made by the African Development Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the European Investment Bank, the Inter-American Development Bank, the Islamic Development Bank and the World Bank Group.
The African Development Bank has joined forces with 11 other international organizations to assist developing countries to build resilience against the impact of natural disasters caused by extreme weather.
Following a series of deadly weather events that have caused widespread destruction, especially in Africa, the institutions came together at the COP 25 climate change conference in Madrid on Tuesday to launch the Alliance for Hydromet Development.
Ministres, diplomates, représentants d’ONG ou encore journalistes ont appelé, de concert, à bâtir un front uni pour répondre aux défis posés par le changement climatique en Afrique, à l’occasion de la Journée de l’Afrique organisée mardi à la 25ème conférence des Nations unies sur le climat (COP25) à Madrid.
There was standing room only as ministers, diplomats, activists and journalists gathered at the IFEMA conference centre in Madrid to mark Africa Day at the COP 25 climate meeting.
Speakers called for a united front to tackle the challenges of climate change in Africa.