Browsing: COP 25

Climate change is affecting Africa greatly and it is only contributing 4 per cent of the greenhouses emissions, hence United Nations Economic Commission Agency for Africa (UNECA) highlights that just by early 2030 Africa will start experiencing macroeconomics losses.

On the same mark, the African Development Bank (AfDB) is in assisting the continent’s efforts towards mitigating and adapting climate risks, particularly extreme weather events, and gaining resilience on drought via mobilization of crucial funding for such adaptation and mitigation projects.

AfDB (which is accredited by the international implementing agency since March 2016 by Green Climate Fund- GCF) together with GCF have successfully mobilized over $12 billion of climate finance to support climate resilience and low-carbon emission in the continent.

Despite the efforts are taken by Africa in that manner have not yielded significant results compared to other regions, still—AfDB eyes another opportunity to fuel more resources to African countries via …

The United Nations (UN) Climate Change Conference COP 25, has levitated the climate action landscape in Africa

This has led to the African Development Bank (AfDB) to join forces with 11 other international organizations to assist developing countries to build resilience against the impact of natural disasters caused by extreme weather.

The initiative comes at a rather perfect moment, especially when the region is faced with unprecedented catastrophic weather events affecting the continent’s economy.

According to AfDB, the institutions came together at the COP 25 climate change conference in Madrid on Tuesday to launch the Alliance for Hydromet Development.

Alliance for Hydromet Development

According to the World Meteorological Organization (WMO), the Alliance for Hydromet (hydrological and climate services) Development brings together major international development, humanitarian and climate finance institutions, collectively committed to scale up and unite efforts to close the hydromet capacity gap by 2030. It aims to increase …