AADFI News

EDFI group outlines shared commitments to phase out fossil fuels and mobilise private sector climate finance, aligning with Paris Agreement and high disclosure standards. The Association of European Development Finance Institutions (EDFI), which has a combined $50 billion under management in emerging and frontier markets, has announced that its 15 publicly-owned member institutions will align […]

There is an urgent need for financing to reenergize Africa’s trade in the wake of the COVID-19 pandemic, according to the latest trade finance report released jointly by the African Development Bank and the African Export-Import Bank. According to the report, only 40% of Africa’s trade is bank-intermediated – a far lower share than the

By becoming Sustainability Certified, financial institutions will not have to make a choice between making a profit or serving the society, becoming financially viable or environmentally sustainable, and making short-term profit or aiming for long-term benefits. Introduction THIS being the text of the speech by Arshad Rab, Chairman, International Sustainability Council; and CEO, European Organisation

The AADFI hosted a two-and-half-day virtual workshop on “Mainstreaming Climate Finance Actions in National DFIs”, from September 22 to 24, 2020. The program was facilitated by the Investment Climate Reform (ICR) Facility and also supported by the Development Bank of Southern Africa (DBSA). It was conducted in English and attended by 25 participants from DFIs