AfDB Pledges 830,000 dollars to Improve Climate Resilience

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AfDB Pledges 830,000 dollars to Improve Climate Resilience

Jun 4 , 2022

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Ethiopia will receive 830,000 dollars in grants from the African Development Bank (AfDB) to be used for climate risk management. The fund came from the Climate Investment Funds’ Pilot Program for Climate Resilience. The agreement was signed on the sidelines of the African Development Bank’s annual conference held in Accra, Ghana, where Semereta Sewasew, state minister for Finance, led the Ethiopian delegation. During the conference, the AfDB hailed its technologies for African Agriculture Transformation (TAAT) programme, under which heat-tolerant wheat varieties were provided to 1.8 million farmers. The programme is credited for raising wheat production by 2.7 million tonnes.

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