Following the first dialogue with Africa, held in October 2016 in South Africa, the Green Climate Fund (GCF) Fund for Climate from the Central African States Development Bank (BDEAC), the monetary institution whose president is the Equatoguinean, Fortunato Ofa Mbo Nchama, organised a second dialogue with Africa in Bamako, from 3rd to 6th April 2018.
The participation of BDEAC at the event was an opportunity for the bank to meet other financial institutions and interested parties in order to learn and strengthen South-South cooperation.
The presence of the bank at the dialogue was also an opportunity to reiterate its commitments with respect to climate change, which is increasing global inequality and the precarious status of the poorest in the world, as emphasised by H. E. Ibrahim Boubacar Keita, President of the Republic of Mali, in his opening speech.
The BDEAC, as a subregional development bank, aims to be the partner of choice for its member States, and a key player in the institutional framework of the United Nations Framework Convention on Climate Change (UNFCCC).
The bank clearly made sustainable development a priority in its 2017-2022 Strategic Plan, the aim of which is to be successful in the “recording of all financing for bank projects within the logic of sustainable development”.
The designated national authorities also praised the participation of the BDEAC at the dialogue, in the hope that the institution can acquire further technical and financial means in order to fully assume its role as an institution financing development in the area.
Source: Official Web Page of the Government of the Republic of Equatorial Guinea