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Tag Archives: CIF
Climate Investment Funds Give North Africa and Middle East Green Light for Revised Regional Solar Plan
AfDB/World Bank-supported plan to generate more than a gigawatt of power
The African Development Bank (AfDB) report shows projects underway in Africa to reduce nearly 7 million tonnes CO2.
Nigeria Receives Approval for Additional CIF $50 million to Bolster Energy Efficiency and Renewable Energy Use with AfDB Support
WASHINGTON, February 22, 2013/African Press Organization (APO)/ – The Climate Investment Funds (CIF) (http://www.afdb.org) has announced an agreement to provide Nigeria with US $50 million to support an African Development Bank-supported program of financial intermediation for renewable energy and energy efficiency through local banks, as part of the country’s national Investment Plan endorsed by the CIF in 2010. The money, being provided under the CIF’s Clean Technology Fund (CTF), is designated to stimulate alternative and efficient ways to generate electricity and to reduce dependence on energy sources which contribute significantly to greenhouse gas emissions.
AfDB report shows projects underway in Africa to reduce nearly 7 million tonnes CO2, create more than a million new electricity connections in Africa with AfDB and CIF support
TUNIS, Tunisia, February 20, 2013/African Press Organization (APO)/ – The African Development Bank’s Financing Change: The AfDB (http://www.afdb.org) and CIF for a Climate-Smart Africa is the Bank’s second semi-annual report on its work to implement the Climate Investment Funds (CIF) in Africa, covering July-December 2012 and can be found here: http://bit.ly/XMe1gc.