Climate change remains one of the biggest obstacles to the attainment of sustainable socio-economic development. East African countries are particularly vulnerable due to their weak economies and heavy reliance on agriculture, which is less resilient to negative impacts of climate change.
EADB has been at the forefront of regional development initiatives over the last four decades. While progress has been made with increasing macroeconomic and government stability, a favourable business environment and strong institutions within the region, important bottlenecks remain.
EADB recognizes the importance of having vibrant and diversified regional capital markets as a critical force for regional integration. Towards this end, EADB has championed the strengthening and deepening of the region’s capital markets through its local currency resource mobilization programs (issuance of bonds).