African Development Banks joins Africa Green Economy Summit as Platinum Sponsor

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The summit will bring together experts, policymakers, and stakeholders to share knowledge, ideas, and best practices in the field of green economy.

The Importance of the Africa’s Green Economy Summit

The Africa’s Green Economy Summit is a significant event that aims to address the pressing issues of climate change, sustainable development, and economic growth. The summit will provide a platform for experts and policymakers to discuss and share knowledge on the latest trends and innovations in the field of green economy.

The Bank will also provide technical assistance to support the development of a national carbon pricing mechanism in the African country.

The African Carbon Market: A New Frontier for Climate Action

The African carbon market is a rapidly growing sector that has the potential to play a significant role in Africa’s transition to a low-carbon economy. The African Development Bank (AfDB) has recognized the importance of this market and is taking steps to support its development.

The Benefits of the African Carbon Market

  • Job creation: The African carbon market has the potential to create new job opportunities in the renewable energy sector, as well as in the carbon credit trading and verification processes. Economic growth: The market can also contribute to economic growth by providing a new source of revenue for countries and companies. Climate change mitigation: By promoting the use of clean energy sources and reducing greenhouse gas emissions, the African carbon market can help mitigate the impacts of climate change. ## The African Development Bank’s Role in Supporting the African Carbon Market**

    • The African Development Bank’s Role in Supporting the African Carbon Market

    The African Development Bank (AfDB) is playing a key role in supporting the development of the African carbon market.

    Read the event programme, here

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