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Earth Energy to develop a biomass plant in Uganda after funding boost from ADB

The Africa Development Bank (ADB) has given a grant of $1m (€1.14m) to renewable energy firm Earth Energy to develop a 20MW biomass power plant in northern Uganda in order to mitigate climate change due to deforestation, according to news website AllAfrica.com

, climate change is fundamentally a development issue which is threatening to worsen poverty and hurt economic growth if governments and development finance institutions do not take proactive approaches to mitigate it.

Speaking during the signing of the grant in Kampala on Monday, the ADB resident representative in Uganda, Jeremiah Mutonga, said there is need to mitigate climatic change in the country by use of renewable energy sources because it helps to reduce deforestation activities.





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