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


  • World
  • Wednesday, 29 Jun 2022

NAIROBI, June 28 (Xinhua) -- 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.

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