Ep 17: Building climate resilience in Africa
AfDB Climate and Environment Finance Manager Gareth Phillips discusses the state of climate finance in Africa and means of building the continent’s resilience to climate shocks, highlighting the widest gaps and the most promising solutions.
COP27, the major global climate change forum convened annually by the United Nations, ended on 18 November 2022, leaving a mixed feeling of satisfaction and disappointment among its diverse participants. An immense challenge for negotiators, for international climate finance bodies like the African Development Bank (AfDB), the Conference is a unique opportunity to network and secure the vital funds needed to save livelihoods and advance a carbon-neutral, climate-resilient future.
Africa is the continent most in need of such support. With only 3.5-4% of total global climate finance coming to Africa – most of which is reserved for mitigation activities – there is more to be done to help African communities adapt to climate disruptions quickly and efficiently. From improving energy access, switching to renewables, managing waste and increasing recycling to establishing carbon-neutral infrastructure and building awareness of climate-friendly options and technologies, successful climate adaptation and mitigation require contributions from a wide network of actors, including the Post.
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