AfDB to mobilize 25 bln USD for climate adaptation in Africa

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AfDB to mobilize 25 bln USD for climate adaptation in Africa

STORY: AfDB to mobilize 25 bln USD for climate adaptation in Africa DATELINE: May 26, 2022 LENGTH: 00:03:03 LOCATION: Accra CATEGORY: ENVIRONMENT SHOTLIST: 1. various of the meetings 2. SOUNDBITE 1 (English): AKINWUMI ADESINA, AfDB President. 3. various of the participants of the meeting 4. SOUNDBITE 2 (English): AKINWUMI ADESINA, AfDB President. 5. various of the meetings STORYLINE: The African Development Bank (AfDB) will mobilize at least 25 billion U.S. dollars to support Africa's climate adaptation programs, AfDB President Akinwumi Adesina said Monday. SOUNDBITE 1 (English): AKINWUMI ADESINA, AfDB President. "Climate change is simply shortchanging African economies. Africa suffers 7 billion to 15 billion dollars per year in losses to climate change, which are projected to rise to 40 billion dollars per year by 2030. The African Development Bank has doubled its finance for the climate to 25 billion dollars by 2025." To secure Africa's food supplies in the face of climate change, Adesina said the bank

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