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African Development Bank - AfDB
Oct. 25, 2017, 10:05 p.m.
This knowledge product is part of the work undertaken by the African Development Bank Group's (AfDB) Climate Change and Green Growth Department (PECG), in the context of their work with the Climate Investment Fund’s Forestry Investment Program (CIF FIP).
The report is from international working conference called “African Forestry Investment Conference (AFIC) ” on June 13th and 14th 2017, in Accra, Ghana. The event brought together 65 key players from the financial services and plantation forestry industries, senior government officials, independent experts, smallholder associations and civil society to discuss how ‘purpose-built’ financing models can be developed to help support the development of a world class plantation-based industry in Africa.
The African Development Bank (AfDB) Group is a multilateral development finance institution, comprised of three distinct entities: the African Development Bank, the parent institution, and two affiliates, the African Development Fund (ADF) and the Nigerian Trust Fund (NTF). The overarching mission of the AfDB group is to promote sustainable economic growth and reduce poverty on the African continent. This is sought to be accomplished through the investment of public and private capital in projects and programs that seek to reduce poverty and improve the livelihoods of African citizens. To finance its mission, the AfDB makes every effort to mobilize internal and external resources to promote investment in its Regional Member Countries. Resources are usually mobilized through co-financing with other multi-lateral development agencies, specific trust funds as well as from financial markets. Established in 1964, today the AfDB Group is Africa’s premier development finance institution.
Forestry and land use
Climate change policies and strategies