Browsing: UNEP

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 …

  • The market for sustainable cooling systems in developing economies is set to hit $600 billion by 2050. Research shows that sustainable cooling systems can cut cooling-related emissions by almost 50%.
  • They can also help lower electricity bills, reduce equipment costs, and power sector investments by $8 trillion by 2050.
  • Unlocking finance, in particular private finance, is essential to support the transition to sustainable cooling across developing economies.

Economies in Africa are projected to experience the fastest growth in cooling systems, a new survey by the International Finance Corporation and the UN Environment Programme (UNEP)-led Cool Coalition shows.

Globally, Africa is poised to see her cooling systems industry expand by a factor of seven closely followed by countries in South Asia which will see this market segment quadruple.

“The sustainable cooling market represents at least a 600-billion-dollar opportunity for the private sector, …

  • As millions of people in Africa go to bed hungry today, tonnes of food will end up in landfills, too.
  • A UN report identifies gaps in Africa’s retail and food service sectors, presenting a significant hurdle in fully understanding the scope of food wastage.
  • The UNEP Food Waste Index Report 2024 identifies critical areas where action is needed to address the challenge in Africa.

An estimated one billion meals go to waste every day in Africa and across the world, the UNEP Food Waste Index Report 2024 reveals. The report, which shows food waste continues to hurt the global economy, adds that 783 million people were affected by hunger. In contrast, a third of the worldwide population suffered food insecurity in 2022.

  • The fifth session of the United Nations Environment Assembly (UNEA-5.2) resolved to end plastic pollution and forge an international legally binding agreement by 2024
  • The agreement will hold nations, businesses, and society accountable for eliminating plastic pollution from the environment
  • UNEP) Executive Director Inger Andersen described the agreement as the most important international multilateral environmental deal since the Paris climate accord

This week was a win for climate change after the fifth session of the United Nations Environment Assembly (UNEA-5.2) resolved to end plastic pollution and forge an international legally binding agreement by 2024.

The agreement will hold nations, businesses, and society accountable for eliminating plastic pollution from the environment.

After the passing the landmark resolution in Nairobi, UN Environment Programme (UNEP) Executive Director Inger Andersen described the agreement as the most important international multilateral environmental deal since the Paris climate accord.

Representatives, including heads of state, from 175 countries, …

Commuter and freight motorbike operators are seeing massive changes to their bottom line due to the energy efficiency of electric bikes.

According to Kenya Broadcasting Corporation news, there are over 27 million users of motorcycles in the country.

Rishi Kohli, the CEO and co-founder of Fika Mobility, says that the electric bikes will save the Boda Boda riders an estimate of US$700 used in maintenance and petrol costs a year.…