Skip to main content

Bantu Gazette

Bantu Gazette
  • Policy & Governance
  • Development & Impact
  • Business, Trade & Economy
  • Energy
  • Changemakers
  • Culture & Identity
  • Perspectives
  • Magazine
Menu
  • Black Frame Studio
  • Magazine

Ethiopia Demands Action-Oriented Shift in Global Climate Finance Ahead of COP32

With COP32 one year away and set to be hosted in Addis Ababa, Ethiopia is making the case that Africa must stop waiting for climate commitments to trickle down and start building the investment architecture to deliver them

Ethiopia Demands Action-Oriented Shift in Global Climate Finance Ahead of COP32

Semereta Sewasew, Ethiopia’s State Minister of Finance

Kalkidan Negashby Kalkidan Negash
May 27, 2026
Reading Time: 2 mins read

Ethiopia Demands Action-Oriented Shift in Global Climate Finance Ahead of COP32

With COP32 one year away and set to be hosted in Addis Ababa, Ethiopia is making the case that Africa must stop waiting for climate commitments to trickle down and start building the investment architecture to deliver them

Ethiopia Demands Action-Oriented Shift in Global Climate Finance Ahead of COP32

Semereta Sewasew, Ethiopia’s State Minister of Finance

Ethiopia Demands Action-Oriented Shift in Global Climate Finance Ahead of COP32

Semereta Sewasew, Ethiopia’s State Minister of Finance

Kalkidan Negashby Kalkidan Negash
May 29, 2026
Reading Time: 2 mins read

ADDIS ABABA

Ethiopia has called for a decisive shift from climate commitments to implementation, arguing that international finance must be restructured around development outcomes as African nations advance a unified agenda ahead of COP32.

Semereta Sewasew, State Minister of Finance of Ethiopia, made the call at a high-level dialogue in Brazzaville, where she said Africa was approaching COP32 not as a passive recipient of international support but as a co-architect of a new global climate finance architecture.

The 32nd session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP32) will be hosted by Ethiopia in Addis Ababa in 2027

According to a statement by the Ministry of Finance published Wednesday, Sewasew said climate finance can no longer be treated as an isolated fund.

She insisted it must be directly tied to food security, energy access, resilient infrastructure and industrial transformation, and called for integrated investment platforms capable of delivering measurable results on the ground.

Ethiopia’s position is grounded in over a decade of nationally driven climate action.

The country launched one of Africa’s earliest comprehensive green growth strategies through its Climate Resilient Green Economy framework and has sustained large-scale investments in renewable energy and landscape restoration.

Those domestic commitments, Sewasew said, demonstrate what predictable, nationally aligned financing can deliver.

The dialogue was convened by the African Development Bank Group (AfDB) in collaboration with the Climate Investment Funds and the Fund for Responding to Loss and Damage.

It took place on the sidelines of the AfDB Annual Meetings in Brazzaville, Republic of Congo, held May 25-29, 2026, bringing together ministers, multilateral development banks, private sector actors and civil society representatives to coordinate Africa’s climate investment priorities ahead of COP32.

AfDB Vice President Kevin Kariuki said accelerating infrastructure investment remained critical to delivering measurable improvements in resilience and energy access across the continent.

Tariye Gbadegesin, Chief Executive Officer of the Climate Investment Funds, said catalytic finance and strong partnerships were essential to moving projects from ambition to execution.

Ibrahima Cheikh Diong, Executive Director of the Fund for Responding to Loss and Damage, said financing for loss and damage must be rapid and responsive to the needs of the most vulnerable countries.

The meeting closed with broad agreement that COP32 should mark a shift from negotiation to delivery, positioning Africa as a driver of practical solutions and scalable investment models.

Get the inside Story

Stay informed on the stories shaping Africa’s future. Get breaking news, in-depth analysis, opinions and exclusive insights from across the continent delivered to your inbox, free and unfiltered.


Get in touch for more:
Felix Tih
Editorial Director, Bantu Gazette
WhatsApp
LinkedIn
X (Twitter)
Instagram

Related Posts

Mozambique Certifies First Drone Operators to Strengthen Disaster Response
Environment

Mozambique Certifies First Drone Operators to Strengthen Disaster Response

June 22, 2026
Lomé Workshop Highlights Tax Policy Role in Africa’s Climate Strategy
Environment

Lomé Workshop Highlights Tax Policy Role in Africa’s Climate Strategy

February 13, 2026
Local Efforts Drive Miombo Forest Revival in Zimbabwe
Environment

Local Efforts Drive Miombo Forest Revival in Zimbabwe

May 20, 2026
Kenyan Activist Truphena Muthoni sets 72-hr Tree-Hugging World Record
Environment

Kenyan Activist Truphena Muthoni sets 72-hr Tree-Hugging World Record

January 31, 2026
Kenya Secures Funds to Protect Reefs, Grow Coastal Economy
Environment

Kenya Secures Funds to Protect Reefs, Grow Coastal Economy

January 9, 2026
Kenya Appoints Young Tree Activist as Conservation Envoy
Environment

Kenya Appoints Young Tree Activist as Conservation Envoy

December 16, 2025

Most Recent

Kolwezi Fashion Week Aligns Local Creativity with DR Congo’s Creative Economy Ambitions
Culture & Identity

Kolwezi Fashion Week Aligns Local Creativity with DR Congo’s Creative Economy Ambitions

by Felix Tih
July 11, 2026
0

Second edition highlights fashion, heritage and entrepreneurship as pillars of economic diversification, reflecting efforts to position the mining city as...

Read moreDetails
Ethiopia Defies Regional Slowdown with Record $4.32 Billion Foreign Direct Investment Inflow

Ethiopia Defies Regional Slowdown with Record $4.32 Billion Foreign Direct Investment Inflow

July 11, 2026
Togo Grants Visa-Free Entry to All Africans

Togo Rises to Lower-Middle-Income Status in New World Bank Income Classification

July 11, 2026
High-Level Training Strengthens African Diplomats’ Knowledge of Carbon Markets

High-Level Training Strengthens African Diplomats’ Knowledge of Carbon Markets

July 10, 2026
Chinese Travel Interest in Cape Verde Surges After World Cup Breakthrough

Chinese Travel Interest in Cape Verde Surges After World Cup Breakthrough

July 9, 2026

Ethiopia Announces $5 Billion in Foreign Currency Savings as Industrial Push Gains Momentum

July 11, 2026
Noir Fashion Week Returns to Nairobi as Kenya’s Textile Debate Continues

Noir Fashion Week Returns to Nairobi as Kenya’s Textile Debate Continues

July 7, 2026
Kolwezi Fashion Week Aligns Local Creativity with DR Congo’s Creative Economy Ambitions
Culture & Identity

Kolwezi Fashion Week Aligns Local Creativity with DR Congo’s Creative Economy Ambitions

by Felix Tih
Reading Time: 2 mins read
July 11, 2026
0

Second edition highlights fashion, heritage and entrepreneurship as pillars of economic diversification, reflecting efforts to position the mining city as...

Read moreDetails
Ethiopia Defies Regional Slowdown with Record $4.32 Billion Foreign Direct Investment Inflow
Business, Trade & Economy

Ethiopia Defies Regional Slowdown with Record $4.32 Billion Foreign Direct Investment Inflow

by Kalkidan Negash
Reading Time: 2 mins read
July 11, 2026
0

Foreign direct investment climbed 8% to a record $4.32 billion as sweeping macroeconomic reforms, renewable energy investments and digitalized government...

Read moreDetails
Togo Grants Visa-Free Entry to All Africans
Business, Trade & Economy

Togo Rises to Lower-Middle-Income Status in New World Bank Income Classification

by Marina Bisse
Reading Time: 2 mins read
July 11, 2026
0

Classification marks an economic milestone for Togo, as the West African country's statistical updates, economic growth and favorable exchange rate...

Read moreDetails

Ethiopia Demands Action-Oriented Shift in Global Climate Finance Ahead of COP32

With COP32 one year away and set to be hosted in Addis Ababa, Ethiopia is making the case that Africa must stop waiting for climate commitments to trickle down and start building the investment architecture to deliver them

Ethiopia Demands Action-Oriented Shift in Global Climate Finance Ahead of COP32

Semereta Sewasew, Ethiopia’s State Minister of Finance

ADDIS ABABA

Ethiopia has called for a decisive shift from climate commitments to implementation, arguing that international finance must be restructured around development outcomes as African nations advance a unified agenda ahead of COP32.

Semereta Sewasew, State Minister of Finance of Ethiopia, made the call at a high-level dialogue in Brazzaville, where she said Africa was approaching COP32 not as a passive recipient of international support but as a co-architect of a new global climate finance architecture.

The 32nd session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP32) will be hosted by Ethiopia in Addis Ababa in 2027

According to a statement by the Ministry of Finance published Wednesday, Sewasew said climate finance can no longer be treated as an isolated fund.

She insisted it must be directly tied to food security, energy access, resilient infrastructure and industrial transformation, and called for integrated investment platforms capable of delivering measurable results on the ground.

Ethiopia’s position is grounded in over a decade of nationally driven climate action.

The country launched one of Africa’s earliest comprehensive green growth strategies through its Climate Resilient Green Economy framework and has sustained large-scale investments in renewable energy and landscape restoration.

Those domestic commitments, Sewasew said, demonstrate what predictable, nationally aligned financing can deliver.

The dialogue was convened by the African Development Bank Group (AfDB) in collaboration with the Climate Investment Funds and the Fund for Responding to Loss and Damage.

It took place on the sidelines of the AfDB Annual Meetings in Brazzaville, Republic of Congo, held May 25-29, 2026, bringing together ministers, multilateral development banks, private sector actors and civil society representatives to coordinate Africa’s climate investment priorities ahead of COP32.

AfDB Vice President Kevin Kariuki said accelerating infrastructure investment remained critical to delivering measurable improvements in resilience and energy access across the continent.

Tariye Gbadegesin, Chief Executive Officer of the Climate Investment Funds, said catalytic finance and strong partnerships were essential to moving projects from ambition to execution.

Ibrahima Cheikh Diong, Executive Director of the Fund for Responding to Loss and Damage, said financing for loss and damage must be rapid and responsive to the needs of the most vulnerable countries.

The meeting closed with broad agreement that COP32 should mark a shift from negotiation to delivery, positioning Africa as a driver of practical solutions and scalable investment models.

Ethiopia Demands Action-Oriented Shift in Global Climate Finance Ahead of COP32

With COP32 one year away and set to be hosted in Addis Ababa, Ethiopia is making the case that Africa must stop waiting for climate commitments to trickle down and start building the investment architecture to deliver them

Ethiopia Demands Action-Oriented Shift in Global Climate Finance Ahead of COP32

Semereta Sewasew, Ethiopia’s State Minister of Finance

Kalkidan Negashby Kalkidan Negash
May 27, 2026

ADDIS ABABA

Ethiopia has called for a decisive shift from climate commitments to implementation, arguing that international finance must be restructured around development outcomes as African nations advance a unified agenda ahead of COP32.

Semereta Sewasew, State Minister of Finance of Ethiopia, made the call at a high-level dialogue in Brazzaville, where she said Africa was approaching COP32 not as a passive recipient of international support but as a co-architect of a new global climate finance architecture.

The 32nd session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP32) will be hosted by Ethiopia in Addis Ababa in 2027

According to a statement by the Ministry of Finance published Wednesday, Sewasew said climate finance can no longer be treated as an isolated fund.

She insisted it must be directly tied to food security, energy access, resilient infrastructure and industrial transformation, and called for integrated investment platforms capable of delivering measurable results on the ground.

Ethiopia’s position is grounded in over a decade of nationally driven climate action.

The country launched one of Africa’s earliest comprehensive green growth strategies through its Climate Resilient Green Economy framework and has sustained large-scale investments in renewable energy and landscape restoration.

Those domestic commitments, Sewasew said, demonstrate what predictable, nationally aligned financing can deliver.

The dialogue was convened by the African Development Bank Group (AfDB) in collaboration with the Climate Investment Funds and the Fund for Responding to Loss and Damage.

It took place on the sidelines of the AfDB Annual Meetings in Brazzaville, Republic of Congo, held May 25-29, 2026, bringing together ministers, multilateral development banks, private sector actors and civil society representatives to coordinate Africa’s climate investment priorities ahead of COP32.

AfDB Vice President Kevin Kariuki said accelerating infrastructure investment remained critical to delivering measurable improvements in resilience and energy access across the continent.

Tariye Gbadegesin, Chief Executive Officer of the Climate Investment Funds, said catalytic finance and strong partnerships were essential to moving projects from ambition to execution.

Ibrahima Cheikh Diong, Executive Director of the Fund for Responding to Loss and Damage, said financing for loss and damage must be rapid and responsive to the needs of the most vulnerable countries.

The meeting closed with broad agreement that COP32 should mark a shift from negotiation to delivery, positioning Africa as a driver of practical solutions and scalable investment models.

Get the inside Story

Stay informed on the stories shaping Africa’s future. Get breaking news, in-depth analysis, opinions and exclusive insights from across the continent delivered to your inbox, free and unfiltered.


Get in touch for more:
Felix Tih
Editorial Director, Bantu Gazette
WhatsApp
LinkedIn
X (Twitter)
Instagram

Related Posts

Mozambique Certifies First Drone Operators to Strengthen Disaster Response

Mozambique Certifies First Drone Operators to Strengthen Disaster Response

by Nora Tabe
June 20, 2026
0

...

Lomé Workshop Highlights Tax Policy Role in Africa’s Climate Strategy

Lomé Workshop Highlights Tax Policy Role in Africa’s Climate Strategy

by Felix Tih
February 13, 2026
0

...

Local Efforts Drive Miombo Forest Revival in Zimbabwe

Local Efforts Drive Miombo Forest Revival in Zimbabwe

by Naledi Kgosi
January 28, 2026
0

...

Kenyan Activist Truphena Muthoni sets 72-hr Tree-Hugging World Record

Kenyan Activist Truphena Muthoni sets 72-hr Tree-Hugging World Record

by Jane Mukami
January 27, 2026
0

...

Kenya Secures Funds to Protect Reefs, Grow Coastal Economy

Kenya Secures Funds to Protect Reefs, Grow Coastal Economy

by Jane Mukami
January 9, 2026
0

...

Kenya Appoints Young Tree Activist as Conservation Envoy

Kenya Appoints Young Tree Activist as Conservation Envoy

by Jane Mukami
December 16, 2025
0

...

Kolwezi Fashion Week Aligns Local Creativity with DR Congo’s Creative Economy Ambitions
Culture & Identity

Kolwezi Fashion Week Aligns Local Creativity with DR Congo’s Creative Economy Ambitions

by Felix Tih
Reading Time: 2 mins read
July 10, 2026
0

Second edition highlights fashion, heritage and entrepreneurship as pillars of economic diversification, reflecting efforts to position the mining city as...

Read moreDetails
Ethiopia Defies Regional Slowdown with Record $4.32 Billion Foreign Direct Investment Inflow

Ethiopia Defies Regional Slowdown with Record $4.32 Billion Foreign Direct Investment Inflow

by Kalkidan Negash
July 10, 2026
0

Foreign direct investment climbed 8% to a record $4.32 billion as sweeping macroeconomic reforms, renewable energy investments and digitalized government...

Togo Grants Visa-Free Entry to All Africans

Togo Rises to Lower-Middle-Income Status in New World Bank Income Classification

by Marina Bisse
July 9, 2026
0

Classification marks an economic milestone for Togo, as the West African country's statistical updates, economic growth and favorable exchange rate...

High-Level Training Strengthens African Diplomats’ Knowledge of Carbon Markets

High-Level Training Strengthens African Diplomats’ Knowledge of Carbon Markets

by Felix Tih
July 8, 2026
0

ACBF, AUC and AIDA convene African ambassadors and diplomats in Addis Ababa to strengthen technical expertise and policy engagement on...

Chinese Travel Interest in Cape Verde Surges After World Cup Breakthrough

Chinese Travel Interest in Cape Verde Surges After World Cup Breakthrough

by Felix Tih
July 8, 2026
0

Online searches, flight bookings and hotel reservations climbed after the Blue Sharks emerged as one of the tournament's biggest surprises

Next Post
Ethiopia Clears Fourth Review as Economic Reforms Exceed Targets

All Eyes on Ethiopia as Seventh General Election Approaches

Morocco Overtakes South Africa as Africa’s Leading Industrial Economy

Morocco Overtakes South Africa as Africa's Leading Industrial Economy

Madagascar Secures $68 Million for Economic and Governance Reforms

Madagascar Secures $68 Million for Economic and Governance Reforms

African Development Bank Governors Call for Faster Reform of Continent’s Financial Architecture

African Development Bank Governors Call for Faster Reform of Continent’s Financial Architecture

Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Black Frame Studio

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
  • Opportunities
  • Contact

Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Black Frame Studio

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
  • Opportunities
  • Contact
Bantu Gazette
  • Energy & Trade
  • Finance
  • Health
  • Politics & Economy
  • Technology
  • Environment
  • Feature
  • Opinion
  • Changemakers
  • Tourism & Culture
  • Magazine