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Big shortfall in climate adaptation funding undermines Africa s ability to respond

The effects of climate change are becoming increasingly evident and yet a key component of the fight to preserve lives and livelihoods, namely adaptation funding, has stagnated, according to attendees of last month’s Africa Climate Roundtable. The event – hosted by African Risk Capacity (ARC), alongside various climate- and development-focused organisations, including the Africa Adaptation Initiative, the World Food Programme, the African Union Development Agency-NEPAD (AUDA-NEPAD), the Global Green Growth Institute (GGGI), the African Capacity Building Foundation, the Arab Bank for Economic Development in Africa, the United Nations Human Settlements Programme, the African Export-Import Bank, and the African Guarantee Fund – took place on May 7 and 8, mere days after the Kenyan government ordered evacuations for at-risk citizens, following weeks of heavy rainfall and flooding. 

TDB Group and Global Green Growth Institute partners for advance climate finance initiatives in Africa

On the heels of the COP28 global climate summit, the Eastern and Southern African Trade and Development Bank Group (TDB Group) and the Global Green Growth Institute (GGGI) signed an agreement aimed at fostering cooperation in climate adaptation funding and accelerating TDB’s climate finance strategy implementation in TDB member states. The agreement, signed on 20th

WFP Inks Deal To Help Developing Countries Tackle Climate Crisis

WFP Inks Deal To Help Developing Countries Tackle Climate Crisis
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