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.

 

read more: http://climate-l.iisd.org/news/afdb-launches-green-bond-programme-for-financing-climate-solutions/