59 - Italy’s €400 Million Climate Finance Push

Can Italy's bold investment strategy reshape climate and sustainable development across Africa?

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The Climate Mentor
December 14th, 2024 • Estimated Reading Time: 4 minutes

Italy’s climate vision ♻️

Italy has taken a significant step in advancing global sustainability with its recent €400 million ($420 million) co-financing agreement with the African Development Bank (AfDB).

Signed during the Africa Investment Forum in Rabat, this ambitious partnership aims to address climate challenges, promote sustainable agriculture, and support education across Africa.

Part of Italy’s €6 billion Mattei Plan, this initiative underscores the nation's commitment to fostering equitable development while tackling urgent environmental issues.

taly is once again turning its gaze to Sub-Saharan Africa with renewed interest: why it is necessary to give greater centrality to this geopolitical quadrant.

Italy is again putting attention into sub-saharan Africa - source ISPI

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