Trending
- Adani Group Indictment: Kenya One of Many Deals That Might Fall Through
- Kenya’s diaspora remittances surge to record $437 million in October
- China integrates mega logistics firms to ease trade with Kenya, Africa
- South Africa Inflation falls to a Four-Year Low Before Rate Decision
- A deep dive into how Africa’s hospitality industry is evolving to meet 2025 travel trends
- Green energy revolution in Kenya: How solar power is transforming rural communities
- Trump’s Presidential Win Influences Currency and Financial Decisions in Africa
- Gabon’s Referendum: the First Step Toward a Return to Civilian Rule
Browsing: Climate finance in Africa
- Ahead of COP29, Africa’s climate finance strategy is based in three core pillars: scaling up adaptation funding, boosting mitigation efforts, and improving access to carbon markets.
- Without financial support, Africa could experience an annual loss of 5% of its GDP by 2040 due to adverse weather.
- While the stakes are high, populations across the continent will be watching to see how global powers will answer Africa’s plea.
As leaders from across the world ready to gather in Baku, Azerbaijan, for the 29th United Nations Climate Change Conference (COP29), Africa is rallying for a spirited push to secure climate finance deals at scale.
This agenda was unveiled at the 12th Conference on Climate Change and Development in Africa, hosted by Ivory Coast in Abidjan. This meeting was held on the sidelines of the 1oth Special Session of the African Ministerial Conference on the Environment (AMCEN).
Bringing together stakeholders such as …
- The promises made to uplift Africa and its people have failed to provide equitable justice. The trend continues.
- While Africa can play a pivotal role in the global fight against climate change, it should not come at the cost of its own economic development.
- Every climate finance dollar flowing into the continent must find its way into sustainable measures of mitigation and adaptation.
At Africa Climate Week, the resounding call of a child echoed through the packed hall, stating, “We will hold you to your promises.” This declaration not only reflected the sentiment of the child but also resonated with the aspirations of the entire continent.
As civilisation thrived, the continent went from being the cradle of civilization to the dump yard of urbanization. The promises made to uplift Africa and its people have failed to provide equitable justice. The trend continues.
Africa Climate Summit 2023
The promises made to …
Ahead of COP28, the UN’s International Fund for Agricultural Development (IFAD) is calling on leaders across the globe to shift gears and drastically and urgently scale up climate finance for small-scale farmers and small agribusinesses, who produce one-third of the world’s food and up to 70 per cent of the food in low- and middle-income countries. Many of these farmers are grappling with the negative impacts of climate change.…