As sustainable development finance remains a critical concern for African economies, the African Development Bank has invested in a suite of creative financing and support instruments, such as the Congo Basin Forest Fund, ClimDev-Africa Fund, Sustainable Energy Fund for Africa, African Water Facility, and Africa Carbon Support Program.

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The sharply increased use of bonds and other securities has actually compounded the problem of moving such governments toward disciplined, transparent financing methods and made more difficult the rescheduling of such debt instruments during periods of financial distress.

CENTERFORSECURITYPOLICY: Center For Security Policy