The World Bank Group will provide $22.5 billion for Africa

The World Bank Group is stepping up its climate support for Africa by committing $22.5 billion over 2021-2025. This more than doubles the commitment to climate-related projects over the last five years. The funding is part of the Bank Group’s 2025 Targets to Step Up Climate Action, launched in December 2018.

The announcement will be made ahead of the third One Planet Summit (OPS) which is taking place in Nairobi, Kenya on March 14, 2019 at the United Nations.

Sources:

The World Bank

Leave a Reply

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.