{"id":5269,"date":"2021-11-12T16:10:06","date_gmt":"2021-11-12T16:10:06","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/afdb-to-raise-us25b-for-climate-change"},"modified":"2021-11-12T16:32:52","modified_gmt":"2021-11-12T16:32:52","slug":"afdb-to-raise-us25b-for-climate-change","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/afdb-to-raise-us25b-for-climate-change","title":{"rendered":"AfDB to raise US$25b for climate change"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Namibia. <\/strong><\/span><b>THE African Development Bank launched its climate change and green growth framework at the COP26 climate conference in Glasgow, Scotland, seeking, among other things, to raise US$25 billion for climate financing.<\/b><\/p>\n<p>If raised, Namibia stands to benefit, especially considering the Development Bank of Namibia&#8217;s newly launched climate change funding initiative. The framework launched by the African Development Bank (AfDB) is considered the first of its kind by any multilateral development bank, and is set to strengthen the bank&#8217;s ambition and vision to address climate change and promote green growth, building on over a decade of targeted efforts and lessons learnt and is grounded in \u201cAfrican realities\u201d, said Al Hamndou Dorsouma, a climate manager at the bank.<\/p>\n<p>\u201cThe strategic framework will enable the bank to strengthen our existing momentum on climate change action and also building on the ambitious goals that the bank has already established, including the goal of mobilising US$25 billion\u2026the goal of allocating at least 40% of our annual investment as climate finance,\u201d Dorsouma said.<\/p>\n<p>Kevin Kariuki, the vice president for power, energy, climate and green growth at AfDB, said the institution stood ready to ensure that the continent was equipped to deal with the growing threat posed by global warming.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/namibia\">Namibia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Namibia. THE African Development Bank launched its climate change and green growth framework at the COP26 climate conference in Glasgow, Scotland, seeking, among other things, to raise US$25 billion for climate financing. If raised, Namibia stands to benefit, especially considering the Development Bank of Namibia&#8217;s newly launched climate change funding initiative. The framework [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":5268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[2540,234,236,745,233],"class_list":["post-5269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-afdb","tag-africa-press","tag-africa-press-namibia","tag-climate-change","tag-namibia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AfDB to raise US$25b for climate change - Namibia<\/title>\n<meta name=\"description\" content=\"THE African Development Bank launched its climate change and green growth framework at the COP26 climate conference i ...\" \/>\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\/namibia\/all-news\/afdb-to-raise-us25b-for-climate-change\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AfDB to raise US$25b for climate change\" \/>\n<meta property=\"og:description\" content=\"THE African Development Bank launched its climate change and green growth framework at the COP26 climate conference i ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/afdb-to-raise-us25b-for-climate-change\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-12T16:10:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-12T16:32:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2021\/11\/img-618e971cab9bd.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"564\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/afdb-to-raise-us25b-for-climate-change#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/afdb-to-raise-us25b-for-climate-change\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"AfDB to raise US$25b for climate change\",\"datePublished\":\"2021-11-12T16:10:06+00:00\",\"dateModified\":\"2021-11-12T16:32:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/afdb-to-raise-us25b-for-climate-change\"},\"wordCount\":225,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/afdb-to-raise-us25b-for-climate-change#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2021\/11\/img-618e971cab9bd.jpg\",\"keywords\":[\"AfDB\",\"africa press\",\"Africa Press-Namibia\",\"climate change\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/afdb-to-raise-us25b-for-climate-change#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/afdb-to-raise-us25b-for-climate-change\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/afdb-to-raise-us25b-for-climate-change\",\"name\":\"AfDB to raise US$25b for climate change - 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