Africa needs about $579.2 bn in adaptation finance over the period 2020 to 2030, and yet the current adaptation flows are five to ten times below needs.
NAIROBI, Sep 05 (IPS) - Africa needs approximately USD 579.2 billion in adaptation finance over the period 2020 to 2030, and yet the current adaptation flows are five to 10 times below estimated needs. As thousands convene in Kenya’s capital, Nairobi, for the Africa Climate Summit, the first time the African Union has summoned its leaders to solely discuss climate change under the theme ‘Driving Green Growth and Climate Finance Solutions for Africa and the World’, the backdrop is a country on the frontlines of a climate crisis.