Private Sector
The global climate crisis poses one of the greatest threats to economic prosperity and social progress in Africa. Stakeholders across the continent, particularly the private sector, have a critical role in climate action. Climate action presents profitable investment opportunities for the private sector and helps to protect their investments from the catastrophic effects of climate change. The African Development Bank supports African countries to boost private sector participation in climate action through profitable green investments in the following key sectors: climate-smart agri-business and forestry, renewable energy and energy efficiency, waste management, water and irrigation, green buildings and cities, transport and infrastructure and the financial sector.