$18 Million ensured by the AfDB in Appropriation from the Global Environment Facility (GEF) for two major projects aimed at Boosting Environmental Sustainability and Resilience across Africa

By Abdul Rahman Bangura-

Photo Credit: African Development Bank

NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The foremost project, “Strengthening Zambezi River Basin
Management towards Climate Resilience and Ecosystem Health,” wharves an allocated $10.57 million. This ambition strives to enhance the collective management of water, energy, food, and environmental resources within the Zambezi River Basin, which traverses eight Southern African nations: Angola, Botswana, Malawi, Mozambique, Namibia, Tanzania, Zambia, and Zimbabwe.

The dual project, the “Global Electronics Management (GEM) program (Horn of Africa Regional Child Project),” has received $7.83 million to manage the unfolding challenge of electronic waste (e-waste) in Somalia, Djibouti, and Ethiopia.

GEF endorsed the allotment during its 67th Council meetings clasped in Washington DC, from 17-20 June 2024. Established during the 1992 Rio Earth Summit, the Facility is an enormous quotation of multilateral appropriation for biodiversity, managing corresponding environmental challenges globally. The African Development Bank is one of its implementing instruments with explicit credentials to its aid.

The Zambezi River Basin project, evaluated to go for $9.45 million, is anticipated to satisfy millions through progress in agriculture, fisheries, and dam operations. It concentrates on fostering transboundary cooperation, integrated planning, and adaptive management procedures to strengthen the basin’s resilience and ecosystem health.

The $60-million GEM program aspires to greatly decrease waste generation and improve circularity in the electronics sector of developing nations.

Anthony Nyong – Director of Climate Change and Green Grow that the African Development Bank, remarked, “Through these  projects, the African Development Bank goes on to usher the way in enabling environmental sustainability and resilience, navigating buoyant change for both people and the planet.” He summed up, “Over the years, we have alike raised our interventions on issues related to chemicals and waste across the African continent.”

These projects represent a begun-again allegiance by the African Development Bank to promote sustainable development and stability throughout Africa, dealing with essential environmental challenges through innovative and collaborative strategies.

For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent