TheClimate Investment Funds (CIF), a multilateral climate finance mechanism, has been working with the continent’s premier financial development institution, theAfrican Development Bank (AfDB) – CIF’s implementing entity – renewable financing energy, forestry, and resilience solutions in Africa. Of about $8billion funding, Africa receives one-third of the total funding. In today’s conversation, Mafalda Duarte, the Climate Investment Funds CEO, and Gareth Phillips, the climate and environmental finance manager at the AfDB, gives a backgrounder the Climate Investment Funds and the portfolio of work CIF have implemented with the AfDB.
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