U.S. Withholds Funds from AfDB Amid Climate Change Focus
Published on: Feb. 2, 2026, 10:54 p.m. | Source: Devdiscourse
The U.S. Treasury withheld funds from the African Development Bank's fund for low-income countries, citing its focus on climate change. This decision comes as the AfDB, seeking $25 billion, faces a funding gap. The organization attempts to fill this gap through increased African membership contributions and market borrowing.
