COP31: African Development Bank to Co-Lead Global Electrification Finance Initiative By IPS Correspondent Copyright © 2026 IPS-Inter Press Service. All rights reserved. -

COP31: African Development Bank to Co-Lead Global Electrification Finance Initiative By IPS Correspondent ANTALYA, Türkiye, , Nov 10 2026 (IPS) - Africa’s transition to clean energy received a potential boost at COP31 with the announcement of a new international financing coalition, co-chaired by the African Development Bank (AfDB) and World Bank from 2027. The Electrify Now Finance Coalition will bring together governments, development banks and private investors to mobilise funding for electrification in emerging and developing economies. https://www.ipsnews.net/2026/11/cop31-african-development-bank-to-co-lead-global-electrification-finance-initiative/?utm_source=email_marketing&utm_admin=146128&utm_medium=email&utm_campaign=Africa_Cannot_Burn_Its_Way_Out_of_Its_Waste_Crisis_Without_Action_Climate_Change_Could_Push_Women_Fu Copyright © 2026 IPS-Inter Press Service. All rights reserved. -