{"id":39956,"date":"2023-06-03T12:01:42","date_gmt":"2023-06-03T12:01:42","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-to-access-afdbs-climate-action-window-deputy-finmin-in-egypt"},"modified":"2023-06-03T12:08:42","modified_gmt":"2023-06-03T12:08:42","slug":"mozambique-to-access-afdbs-climate-action-window-deputy-finmin-in-egypt","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-to-access-afdbs-climate-action-window-deputy-finmin-in-egypt","title":{"rendered":"Mozambique to access AfDB\u2019s Climate Action Window \u2013 Deputy FinMin in Egypt"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Mozambique will be able to access support from the Climate Action Window \u2013 an AfDB Group instrument with US$8.9 billion for the 2023 to 2025 period \u2013 as soon as it is structured, the deputy minister of economy and finance said on Friday.<\/p>\n

Ami\u0301lcar Tivane said that the country had managed to \u201csecure funding for energy areas, particularly for mitigation and adaptation in the face of climate change,\u201d as a result of meetings he had with the vice presidency of the African Development Bank (AfDB) for this area.<\/p>\n

\u201cMozambique can submit concrete projects as soon as the design of this new instrument is ready,\u201d the Mozambican deputy minister said in a brief interview with Lusa, on the sidelines of the annual meetings of the AfDB, which he attended this week in the Egyptian city of Sharm el Sheikh.<\/p>\n

\u201cWe had a very useful discussion, we made our voice heard to look at the issues of climate finance, and not only the issues associated to carbon credits, to guarantees for projects with a green growth component,\u201d Tivane said.<\/p>\n

This is because, stressed the deputy minister, \u201chaving resources is not enough\u201d, as it is necessary to prepare the projects well, and he noted the bank\u2019s \u201cvery strong commitment on associated matters\u201d.<\/p>\n

\u201cThe quality of the projects makes a big difference,\u201d Tivane stressed, noting that 10% of the total amount allocated for the 2023 to 2025 period is for technical assistance to projects.<\/p>\n

To boost climate finance and promote Africa\u2019s resilient development in the face of the effects of climate change, in December 2022 the AfDB Fund and its partners created the Climate Action Window for low-income countries.<\/p>\n

The African Development Fund and its partners have committed a total package of $ 8.9 billion to its 2023 to 2025 financing cycle. Of this package, which represents a 14.24% increase over the previous replenishment of $7.4 billion, $429 million is earmarked as seed money for the new Climate Action Window to reach up to $13 billion from traditional and non-traditional partners, as well as state and non-state, including the private sector.<\/p>\n

Mozambique is a country prone to adverse climatic shocks, and over the last five years it has been particularly plagued by a series of cyclones that \u201chad terrible repercussions in terms of loss of human life, destruction of socio-economic infrastructures that were made with great sacrifice,\u201d recalled the minister.<\/p>\n

Therefore, his participation in the annual meetings of the AfDB Group, which ends today in Egypt, focused particularly on this theme and on financial and technical support in the preferred areas for development, such as structuring \u2013 transport, ports, roads \u2013 energy, agriculture and water supply.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Mozambique will be able to access support from the Climate Action Window \u2013 an AfDB Group instrument with US$8.9 billion for the 2023 to 2025 period \u2013 as soon as it is structured, the deputy minister of economy and finance said on Friday. Ami\u0301lcar Tivane said that the country had managed to […]<\/p>\n","protected":false},"author":84,"featured_media":39955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-39956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nMozambique to access AfDB\u2019s Climate Action Window \u2013 Deputy FinMin in Egypt - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique will be able to access support from the Climate Action Window \u2013 an AfDB Group instrument with US$8.9 billion ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-to-access-afdbs-climate-action-window-deputy-finmin-in-egypt\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mozambique to access AfDB\u2019s Climate Action Window \u2013 Deputy FinMin in Egypt\" \/>\n<meta property=\"og:description\" content=\"Mozambique will be able to access support from the Climate Action Window \u2013 an AfDB Group instrument with US$8.9 billion ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-to-access-afdbs-climate-action-window-deputy-finmin-in-egypt\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-03T12:01:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-03T12:08:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1685777803.349522.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-to-access-afdbs-climate-action-window-deputy-finmin-in-egypt#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-to-access-afdbs-climate-action-window-deputy-finmin-in-egypt\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mozambique to access AfDB\u2019s Climate Action Window \u2013 Deputy FinMin in Egypt\",\"datePublished\":\"2023-06-03T12:01:42+00:00\",\"dateModified\":\"2023-06-03T12:08:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-to-access-afdbs-climate-action-window-deputy-finmin-in-egypt\"},\"wordCount\":451,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-to-access-afdbs-climate-action-window-deputy-finmin-in-egypt#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/06\/sm_1685777803.349522.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-to-access-afdbs-climate-action-window-deputy-finmin-in-egypt#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-to-access-afdbs-climate-action-window-deputy-finmin-in-egypt\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-to-access-afdbs-climate-action-window-deputy-finmin-in-egypt\",\"name\":\"Mozambique to access AfDB\u2019s Climate Action Window \u2013 Deputy FinMin in Egypt - 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