Browsing: World Meteorological Organization

Africa wants US$1.3 trillion in climate financing www.theexchange.africa

The continent comes in last in terms of funding and green development mechanisms in the global carbon market, which increased by 164% to a record $851 billion last year.

The largest market for trading carbon credits is in Africa, but what are the responsibilities of the sellers and buyers? Munyazikwiye questioned.

According to Mohamed Adow, the founder of the climate think tank Power Shift Africa, “Rich countries do not want to decarbonize their economies. It’s a sky trap. Rather than cutting emissions, they pay poor countries to run projects that lower emissions and take credit for that. Africa doesn’t have emissions to cut, but emissions to avoid.”

Adow urged all African leaders to take the helm of climate talks in their nations because “you need to choose the appropriate climate path if you’re the least developed and confront the highest climate vulnerabilities.”…

Groundwater Potential in Africa. www.theexchange.africa
  • Africa is the second driest continent in the world after Australia and millions of Africans lack access to clean water, while still perennially suffering from shortages
  • Africa loses 5% of its GDP every year due to water scarcity, with the Middle East and North Africa (MENA) region experiencing the greatest economic loss from climate-related water scarcity
  • The theme for the recently passed World Water Day celebrated annually on March 22nd was ‘Ground water-Making the Invisible Visible’.

Africa is endowed with abundant natural water resources, being home to large freshwater bodies revitalizing the continent in a myriad of ways, spurring various social and economic initiatives. However, in stark irony, Africa is the second driest continent in the world after Australia, and millions of Africans lack access to clean water, while still perennially suffering from shortages. This has remained among the long-standing wounds ailing the continent, which need to be urgently remedied.…