Banque Africaine De Developpement 2022 SR

The report outlines the African Development Bank's progress and achievements in climate change and green growth for 2022. The Bank allocated 45% of its annual investments as climate finance, with 63% dedicated to adaptation and 37% to mitigation. Key initiatives included the operationalization of the Africa Circular Economy Facility, the launch of the African Green Banks Initiative, and the establishment of the Climate Action Window with $429 million in seed funding. The Bank also advanced its Paris Alignment agenda and continued mainstreaming climate-informed designs across 94% of its approved projects.

Company: Banque Africaine De Developpement

Year: 2022

Type: SR

Pages: 66

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Banque Africaine De Developpement

Banque Africaine De Developpement 2022 Climate Change and Green Growth Department Annual Report

Climate Change And Green Growth Department Annual Report

The report outlines the African Development Bank's progress and achievements in climate change and green growth for 2022. The Bank allocated 45% of its annual investments as climate finance, with 63% dedicated to adaptation and 37% to mitigation. Key initiatives included the operationalization of the Africa Circular Economy Facility, the launch of the African Green Banks Initiative, and the establishment of the Climate Action Window with $429 million in seed funding. The Bank also advanced its Paris Alignment agenda and continued mainstreaming climate-informed designs across 94% of its approved projects.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

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