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Africa

Count-Down to the 30th UN Climate Change Conference (COP30): Africa’s Battle for Climate Change Financing and the AfDB’s Bold Experiment

As the world looks toward Belém, Brazil, where the 30th United Nations Climate Change Conference…

07 Nov 20254 min readBy EandelSource: Eandel News & Magazine

As the world looks toward Belém, Brazil, where the 30th United Nations Climate Change Conference (COP30) will convene in November, Africa’s struggle for climate justice is gaining sharper focus. The continent, home to eight of the ten countries most affected by climate change, remains on the frontlines of a crisis it did little to cause. Yet, it receives less than 3 percent of global climate finance.

The African Development Bank Group (AfDB), the continent’s premier development finance institution, is stepping into this gap with a new generation of financial instruments aimed at turning ambition into action. Its mission: to help African nations fund the costly but urgent journey toward resilience and low-carbon growth.

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