Financing for Development

Creation of the Global Alliance for Subnational Development Banks for Climate Action

08 October 2019

[Submitted by FMDV]

In order to contribute to the necessity to localize climate finance for sustainable local development, the Government of Cameroun together with the African Network of SDBs (RIAFCO) and the Global Fund for Cities Development (FMDV) launched the African Chapter of the Global Alliance on September 24th during the Climate Action Summit at the United Nations Head Quarter, in New York, USA.

More than 15 countries already engaged and 9 participated to the launching meeting in New York.