African Development Bank Group

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African Development Bank Group Sustainability Profile

African Development Bank Group is not currently tracking sustainability.

The African Development Bank Group is a regional multilateral development finance institution that prioritizes environmental, social and governance (ESG) issues on its corporate agenda. As a leading development finance institution, the Bank supports green growth by finding paths to development that ease pressure on natural assets through its Operational Safeguards. The Bank shares commitments made by African countries to global climate change and green growth goals, with the decade 2021-2030 regarded as critical for climate action.

About African Development Bank Group

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African Development Bank Group Sustainability Actions

Established Sustainable Bond Program

The new Sustainable Bond Program was established in 2023, combining and updating the previous Green Bond Program and Social Bond Program, enabling the issuance of sustainable bonds.

Launched Green Investment Program

Green Investment Program for Africa (GIPA) is a mechanism to exponentially scale climate finance and green technologies inflows in Africa.

Implemented Operational Safeguards

The AfDB supports green growth through its Operational Safeguards (OS) which find paths to development that ease pressure on natural assets.

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African Development Bank Group Sustainability Commitments

2030

Climate Change and Green Growth

The Bank shares the commitments made by African countries to global climate change and green growth goals, with the decade 2021 through 2030 regarded as critical for climate action.

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About African Development Bank Group

  • Status
  • Unverified

Sustainable Development Goals

African Development Bank Group is committed to advancing these Global Goals to promote prosperity for people & planet.

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This information references https://www.afdb.org/en/ and was sourced on 19/07/2023. Is this your business? Suggest an edit

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