Saturday, April 1, 2023
  • Login
Upgrade
The Southern African Times
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • Events
  • SAT Jobs
No Result
View All Result
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • Events
  • SAT Jobs
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Climate Change

AfDB to de-risk climate investments in Africa to boost green growth

by SAT Reporter
June 29, 2022
in Climate Change
0
AfDB to de-risk climate investments in Africa to boost green growth
0
VIEWS

The African Development Bank (AfDB) said Tuesday it will de-risk climate investments in Africa to boost green growth in Africa.

Davinah Milenge-Uwella, the principal program coordinator for Climate Change and Green Growth Department of the AfDB, told a forum in Nairobi, the capital of Kenya, that the pan-African bank will deploy various instruments such as credit guarantees, loans, and technical assistance to expand flows of green finance.

“Our aim is to encourage and incentivize the private sector to move into high-risk frontiers and technologies that protect the environment,” Milenge-Uwella told the 48th Africa Insurance Organisation Conference.

Milenge-Uwella observed that urgent action is required to promote green investments because climate change is an existential threat to life and livelihoods on the planet.

“Nowhere is this more apparent than in Sub-Saharan Africa, where countries will face some of the largest global exposure while having the minimal capacity to respond,” she said.

The pan-African lender is keen to decouple economic growth in the continent with carbon emissions.

“We don’t want a polluted continent. We want a clean environment for the benefit of future generations,” Milenge-Uwella stressed.

According to AfDB, the deployment of climate investments has numerous advantages because it accelerates economic growth in the long run.

“Green growth ensures economic development within climate boundaries which protects nature’s assets, biodiversity, and ecosystems,” she added.

https://nyaradzo.co.zw/contact-us/ https://nyaradzo.co.zw/contact-us/ https://nyaradzo.co.zw/contact-us/
Previous Post

Feature: Female motor mechanic inspires women to break gender barriers in Zimbabwe

Next Post

AU to extend insurance to agriculture, green energy sectors

SAT Reporter

Related Posts

China Energy plans 1000 MW floating solar plant in Zimbabwe
Climate Change

China Energy plans 1000 MW floating solar plant in Zimbabwe

by SAT Reporter
March 30, 2023
East African bloc appeals for 2.7 Billion  USD
Climate Change

East African bloc appeals for 2.7 Billion USD

by SAT Reporter
March 28, 2023
Kenya investors lobby says carbon trading regaining vibrancy
Climate Change

Kenya investors lobby says carbon trading regaining vibrancy

by SAT Reporter
March 28, 2023
Botswana launches first Agrivoltaic project to harness solar power
Climate Change

Botswana launches first Agrivoltaic project to harness solar power

by SAT Reporter
March 17, 2023
South African clean energy innovators to pitch to City of London investors
Climate Change

South African clean energy innovators to pitch to City of London investors

by SAT Reporter
March 15, 2023
Next Post
AU to extend insurance to agriculture, green energy sectors

AU to extend insurance to agriculture, green energy sectors

Browse by Category

  • African Continental Free Trade Area
  • African Debt
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • Botswana
  • BOTSWANA
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Education
  • Egypt
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Feature
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • Opinion
  • Politics
  • Racism
  • Rwanda
  • SAT Jobs
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

africa African business news Africa News african footballer African investments African news African start-up Agriculture banking Business China Classic Climate change Content economy Explore Bali Finance football Health Investment Kenya Life Style Markets Market Stories Nigeria oil and gas Opinion Pandemic Politics Premium Russia South Africa Southern African News sports Stay Home technology Travel United Kingdom United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe Zimbabwe Harare Manufacturing Africa Employment creationn

Categories

  • African Continental Free Trade Area
  • African Debt
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • Botswana
  • BOTSWANA
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Education
  • Egypt
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Feature
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • Opinion
  • Politics
  • Racism
  • Rwanda
  • SAT Jobs
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tag

africa African business news Africa News african footballer African investments African news African start-up Agriculture banking Business China Classic Climate change Content economy Explore Bali Finance football Health Investment Kenya Life Style Markets Market Stories Nigeria oil and gas Opinion Pandemic Politics Premium Russia South Africa Southern African News sports Stay Home technology Travel United Kingdom United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe Zimbabwe Harare Manufacturing Africa Employment creationn
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • Events
  • SAT Jobs

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?