The AADFI Working Group on Climate Change (WGCC) held its first in-person meeting in Nairobi on May 26, 2024, during the 2024 Annual General Assembly of AADFI. This significant gathering marked a pivotal moment in the Association’s efforts to address climate change and promote sustainable development finance across Africa.
During the meeting, the WGCC reached several key resolutions aimed at enhancing the readiness of African DFIs for green funding and fostering collaboration with climate finance entities. The Group resolved to conduct a comprehensive gap analysis to map members’ readiness for green funding and engage with climate finance entities to advocate for African DFIs on the international stage. Additionally, the WGCC plans to establish a shared digital platform for real-time knowledge exchange, providing access to information and documentation on green funds and climate finance.
A survey has been initiated to gather data on members’ readiness for green funding. The results will inform targeted interventions and foster engagements with climate funding and support entities. The WGCC is also working towards leveraging platforms like FiCS and IDFC to represent African DFIs in international green funding discussions. Furthermore, the Secretariat has initiated partnership discussions with the Africa Adaptation Initiative (AAI) and the Global Center on Adaptation (GCA).
Join Us in Our Climate Action Efforts! Your support and involvement are crucial to achieving our climate action goals. For more details on the WGCC’s activities and how you can contribute, please visit the AADFI website or contact the AADFI team at info@adfi-ci.org. Together, let’s work towards a more sustainable and greener future for African DFIs!