https://www.miningweekly.com

New funding to help Africa adapt to climate change announced

23rd September 2022

By: Rebecca Campbell

Creamer Media Senior Deputy Editor

     

Font size: - +

New funding, totalling $55-million, to help African countries to adapt to the effects of climate change, was announced by four West European countries at the Africa Adaptation Summit earlier this month.

The summit, held in Rotterdam, in the Netherlands, was organised by the Global Centre on Adaptation (GCA) and was attended by leading figures in governments, businesses and the United Nations (UN).

In order of the size of their contributions, the donor countries concerned were the UK, allocating $23-million, Norway, assigning $15-million, France, with $10-million, and Denmark, with $7-million. The GCA expected that this State funding would allow it to mobilise a total of up to $5-billion to fund climate adaptation projects across the continent.

The summit was held two months before the next UN Climate Change conference, COP27, which will be hosted by Egypt at Sharm el-Sheikh. The African Development Bank has launched the Africa Adaptation Acceleration Programme (AAAP), which seeks to mobilise $25-billion in financing to greatly expand climate change adaptation programmes across the continent.

“You have to adapt or die,” asserted African Union chairperson and Senegalese President Macky Sall at the summit. “We do not have the choice. Our time to act is coming to an end. Africa must prioritise adaptation. Africa needs to invest massively in adaptation and resilience. “As chairperson of the African Union, I urge Africa’s development partners to fully fund the AAAP and make it an exemplary model of what is possible when we collaborate.”

“If we want Africa to thrive, we must adapt to climate change,” affirmed Ghanaian President and Climate Vulnerable (countries) Forum chairperson Nana Akufo-Addo. “Africa must close the adaptation financing gap. We cannot wait. “I look forward to the swift implementation of the AAAP. The fate of our continent and the planet depends on it.”

Africa was regarded as the continent most vulnerable to climate change. Nine of the ten countries assessed as being most vulnerable to the effects of climate change were in Africa. Food expenses already consumed 75% of the income of the poorest people across the continent, while more than 20% of Africans were already “food insecure”. Africa was already under pressure from multiple economic and health, as well as climate, crises.

“Africa is unstoppable. But Africa is ground zero for global climate breakdown,” highlighted GCA CEO Professor Patrick Verkooijen. “Nobody benefits if Africa fails to tackle it. Climate fallout in Africa cannot be contained so adaptation action can and must scale at breakneck speed across the continent. “The world has to double down on adaptation at the UN climate summit in Egypt just weeks away. “We need an adaptation delivery breakthrough for Africa at COP27. “That means adaptation finance visibly flowing in Africa.”

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

Latest News

Magazine video image
Magazine round up | 29 March 2024
29th March 2024

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.114 0.15s - 88pq - 2rq
Subscribe Now