AfDB Backs US$11.3m Facility to Channel Climate Finance into Fragile States’ Mini

NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afdb-backs-11-3m-facility-to-channel-climate-finance-into-fragile-states-mini-grids/The African Development Bank (AfDB) Group has approved an $11.3 million pilot facility that turns corporate climate spending into upfront capital for mini-grid developers working in some of Africa’s most conflict-affected and energy-poor communities, introducing what the bank describes as a first-of-its-kind financing instrument for the sector. The AfDB’s Board of Directors approved a $5.65 […] NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afdb-backs-11-3m-facility-to-channel-climate-finance-into-fragile-states-mini-grids/


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