Browsing: climate crisis

climate crisis adaptation finance
  • In Africa, climate resilience is limited due to socio-economic vulnerabilities and limited adaptive capacity.
  • The UNEP report calls for an accelerated increase in adaptation efforts and finance to address the mounting risks, particularly in developing nations.
  • In 2022, adaptation finance for developing countries rose to $28 billion, a far cry from the $187-$359 billion per year required to bridge the gap by 2030.

As the global climate crisis intensifies, the impacts are hitting vulnerable regions hardest, with Africa bearing the brunt of devastating consequences.

According to the United Nations Environment Programme (UNEP) Adaptation Gap Report 2024, average global temperatures will rise by 2.6-3.1°C above pre-industrial levels by the century’s end, far exceeding the 1.5°C threshold agreed upon in the Paris Agreement.

This rise in temperature translates to increased frequency and severity of extreme weather events such as droughts, floods, and heat waves. These impacts are currently felt acutely in …

Findings show that increasing costs in every market due to a year of supply disruption did not deter data centre demand in most markets including Nairobi and Johanessburg.

The two African capitals were among 44 other locations that were surveyed. 

According to the study, despite the negative impact of the coronavirus pandemic, demand remained relatively steady when compared to other industries owing to governments’ decisions to make working and schooling from home mandatory. …

Nature is in crisis, warns the Natural Resources Defense Council (NRDC) and as such, it calls on world leaders meeting for the Convention on Biological Diversity (CBD) virtual summit (May-June), to pass the 30x30 plan, i.e. to turn 30% of the Earth into protected areas.

 

Led by Tanzania’s Elizabeth Maruma Mrema, who serves as the Executive Secretary for the UN Biodiversity Convention, the CBD is of the view that the more land is set aside, the more the planet can revive itself. 

Ongoing degradation of oceans, lands, and freshwater systems is destroying the planet’s ability to support life. It is so far reported that already up to a million species worldwide face extinction. …

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