Browsing: Climate

Financial Times CC

Climate change in Africa costs a lot, and climate extremes hit the region hardest. Between 2014 and 2018, roughly $5 per year, a person was the adaptation funding to each African – standing on less than $5.5 billion per year (World Economic Forum).

It is more than fair to say without financial support, climate change will probably push Africa’s impoverishment to a whole new level, as millions of Africa might be into extreme poverty by 2030.

The latter proves Africa to be at a relatively disadvantageous position as it contributes the least to global emissions and climate change. Yet, it receives minor financial support towards adaption.

READ: COP26 All Talk, No Walk

The previous 26TH United Nations (UN) Climate Change Conference of the Parties (COP26), dubbed “the world’s best last chance”, provided the global stage with failure.

Despite promising to double funding, high-income countries (and high global emitters) failed …

Kenya's Electricity Imports
  • Uganda’s electricity sector has been named Africa’s best regulated for the fourth year running 
  • Other strong performers, including its East African neighbours, Kenya and Tanzania, and Namibia and Egypt

Uganda’s electricity sector has been named Africa’s best regulated across several key metrics, according to the African Development Bank’s 2021 Electricity Regulatory Index.

The country was named the best for a fourth year running, ahead of other strong performers, including its East African neighbours, Kenya and Tanzania, and Namibia and Egypt.

The 2021 Electricity Regulatory Index annual report covered 43 countries, up from 36 in the previous edition and assessed their impact on the performance of their electricity sectors.

It covered three countries in the North Africa region, four in West Africa, six in Central Africa, seven in East Africa and 13 in the Southern Africa region.

Commenting on the report, Kevin Kariuki, the African Development Bank’s Vice President

Climate change one campaign

Nature hurts economies, and if such economies are not well equipped to handle the aftermath of flooding, famine, water scarcity, or food insecurity—the more shocking realities are bound to come.

Climate change is real and it hurts African economies, and the region is being slapped with a heavy price to pay, amid its struggle to mark sustainable development.

According to a 2018 report by The Conversation, in the same year—almost 10,000 homes were wiped off the ground by floods, displacing nearly 2 million people in Africa up to September 2018.

In East Africa, Tanzania losses nearly $2 billion in damage from floods according to a report published by Nature Climate Change in 2017.

As the least emitter of greenhouse gases, Africa stands to lose a lot in this battle, with climate action funding coming in short and countries such as the United States of America and China tiptoe on taking …