AfDP Launches Green Bond Program for Financing Climate Solution

11 October 2013: The African Development Bank (AfDB) has launched its inaugural Green Bond, which aims to provide funding for low-carbon and climate-resilient projects, focusing on, inter alia, programmes for sustainable energy and resilient landscapes. It furthers AfDB's aim to increase the use of public-private partnerships to meet development challenges.


The bonds were designed to address two core objectives within AfDB's Strategy for 2013-2022: achieving inclusive growth for poverty reduction and increased employment; and assisting a transition to green growth through ensuring sustainable, inclusive growth.


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