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In 2024, AfDB President Akinwumi Adesina urged shareholders to support a highly ambitious target of $25 billion for ADF 17, up from $9 billion for ADF 16 (which included $429 million for a new climate action window). Now, even meeting ADF 16 targets would represent a major victory because the ADF’s ...

Global underinvestment in climate adaptation increases the importance of ensuring that such finance is well targeted and well spent. Multilateral development banks (MDBs) are the largest public source of adaptation finance for developing countries, and the World Bank accounts for about half of the M...

The dramatic and unexpected cessation of US foreign aid could change the trajectory of development assistance for years to come. The sudden stop in funding is reverberating globally, destabilizing the aid community and cutting off access to hundreds of lifesaving programs affecting millions of peopl...

Planned relocation of climate-vulnerable communities is increasingly necessary as climate shocks become more frequent and intense. It is also becoming more feasible as modelling of future scenarios improves and adaptation limits become clearer. Still, many governments are underprepared for planning ...