Democracy That Delivers

The Latest

Publications

Sign up to newsletter
Follow to Club de Madrid
African Development Bank and Club de Madrid agree to foster sustainable green growth

African Development Bank and Club de Madrid agree to foster sustainable green growth

May 28, 2013

The Energy, Environment and the Climate Change Department of the African Development Bank and the Club de Madrid have signed a collaboration agreement in order to foster and promote during the Bank’s annual meeting the message that all energy in Africa needs to be sustainable to make green growth possible.

The Bank’s Annual Meetings have grown in size and complexity and the number of participants has increased to over 3,000 people, including Heads of State, Ministers of Finance and Planning, Heads of Institutions, other High Level Officials from Governments and Private Sector Institutions, Media Representatives, Academia, and Representatives of Civil Society.

 

Three Club de Madrid Members, former Pres. Mogae from Botswana, former Pres. Obasanjo from Nigeria and former Pres. Mkapa from Tanzania will be involved in the AfDB meetings and in specific sustainable energy related events. The Club de Madrid, thanks to the support from the Energy, Environment and the Climate Change Department of the African Development Bank, is jointly organizing a session with the P80 Group Foundation. This session will (1) outline the economic and financial needs from the perspective of African governments and project developers; and (2) highlight the financial engineering initiatives currently underway, such as the African Infrastructure Financing Facility developed by the Bank as well as other initiatives the Club de Madrid/P80 partnership is currently working to establish. The aim is to enable the African Development Bank and other partners to incorporate lessons learned from these experiences into their own operational plans to enhance the deployment of green economies in Africa.

 

Bookmark and Share

Related Member

Club de Madrid
Palacio del Marqués de Cañete. Calle Mayor, 69, Planta 1, 28013 Madrid - Spain
Tel +34 911 548 230 Fax +34 911 548 240
E-mail: clubmadrid@clubmadrid.org