Bantu Gazette

Bantu Gazette
  • Energy & Trade
  • Finance
  • Health
  • Politics & Economy
  • Technology
  • Environment
  • Feature
  • Opinion
  • Changemakers
  • Tourism & Culture
  • Sports
  • 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

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
Ethiopia to Host COP 32 After Securing African Support in Belém
Environment

Ethiopia to Host COP 32 After Securing African Support in Belém

November 14, 2025

Most Recent

New Botswana City Project Launched to Support Economic Diversification
Politics & Economy

New Botswana City Project Launched to Support Economic Diversification

by Naledi Kgosi
June 8, 2026
0

GABORONE Botswana has launched the New Botswana City project in Gaborone, a development expected to attract investment, create jobs and...

Read moreDetails
Kenya’s Ebola Preparedness Highlights the Need for a Clear Framework

Kenya’s Ebola Preparedness Highlights the Need for a Clear Framework

June 8, 2026
Côte d’Ivoire Secures €103 Million to Expand Electricity Access to 100,000 Households

Côte d’Ivoire Secures €103 Million to Expand Electricity Access to 100,000 Households

June 6, 2026
Ghana Battles to Save Cocoa Industry as Production Falls to 20-Year Low

Ghana Launches AgriConnect Compact to Boost Food Security, Jobs, Agricultural Investment

June 6, 2026
Benin Announces Free Public Secondary Education for All Girls

Benin Announces Free Public Secondary Education for All Girls

June 8, 2026
Zimbabwe Secures Non-Permanent Seat on U.N. Security Council

Zimbabwe Secures Non-Permanent Seat on U.N. Security Council

June 3, 2026
Dangote Retains Africa’s Most Admired Brand Title for 8th Consecutive Year

Dangote Retains Africa’s Most Admired Brand Title for 8th Consecutive Year

June 4, 2026
New Botswana City Project Launched to Support Economic Diversification
Politics & Economy

New Botswana City Project Launched to Support Economic Diversification

by Naledi Kgosi
Reading Time: 2 mins read
June 8, 2026
0

GABORONE Botswana has launched the New Botswana City project in Gaborone, a development expected to attract investment, create jobs and...

Read moreDetails
Kenya’s Ebola Preparedness Highlights the Need for a Clear Framework
Health

Kenya’s Ebola Preparedness Highlights the Need for a Clear Framework

by Joyce Waceke
Reading Time: 4 mins read
June 8, 2026
0

An active Ebola outbreak in Uganda and the Democratic Republic of Congo has tested Kenya's public health preparedness and exposed...

Read moreDetails
Côte d’Ivoire Secures €103 Million to Expand Electricity Access to 100,000 Households
Energy & Trade

Côte d’Ivoire Secures €103 Million to Expand Electricity Access to 100,000 Households

by Seraphine Biyogo
Reading Time: 2 mins read
June 6, 2026
0

African Development Bank approves financing for the second phase of a national electrification project aimed at expanding grid connections, upgrading...

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

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

...

Ethiopia to Host COP 32 After Securing African Support in Belém

Ethiopia to Host COP 32 After Securing African Support in Belém

by Maraki Desta
November 14, 2025
0

...

New Botswana City Project Launched to Support Economic Diversification
Politics & Economy

New Botswana City Project Launched to Support Economic Diversification

by Naledi Kgosi
Reading Time: 2 mins read
June 8, 2026
0

GABORONE Botswana has launched the New Botswana City project in Gaborone, a development expected to attract investment, create jobs and...

Read moreDetails
Kenya’s Ebola Preparedness Highlights the Need for a Clear Framework

Kenya’s Ebola Preparedness Highlights the Need for a Clear Framework

by Joyce Waceke
June 8, 2026
0

An active Ebola outbreak in Uganda and the Democratic Republic of Congo has tested Kenya's public health preparedness and exposed...

Côte d’Ivoire Secures €103 Million to Expand Electricity Access to 100,000 Households

Côte d’Ivoire Secures €103 Million to Expand Electricity Access to 100,000 Households

by Seraphine Biyogo
June 6, 2026
0

African Development Bank approves financing for the second phase of a national electrification project aimed at expanding grid connections, upgrading...

Ghana Battles to Save Cocoa Industry as Production Falls to 20-Year Low

Ghana Launches AgriConnect Compact to Boost Food Security, Jobs, Agricultural Investment

by Marina Bisse
June 6, 2026
0

A $3.5 billion agricultural initiative backed by the World Bank Group and development partners aims to strengthen food security, create...

Benin Announces Free Public Secondary Education for All Girls

Benin Announces Free Public Secondary Education for All Girls

by Aissatou Fall
June 4, 2026
0

President Romuald Wadagni says the policy will remove financial barriers to education and help thousands of girls stay in school...

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