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Financing climate change in Africa

Financing climate change in Africa

Kampala, Uganda | RONALD MUSOKE | As Africa struggles to emerge from shocks caused and accelerated by climate change amidst the COVID-19 pandemic, world leaders have committed to prioritise actions that will help the continent emerge stronger, healthier and more resilient.

Speaking April 06 during a virtual leaders’ dialogue convened by the African Development Bank (AfDB), the Global Centre on Adaptation and the Africa Adaptation Initiative, more than 30 African heads of state and other global leaders rallied behind a bold new Africa Climate Change adaptation programme.

The leaders resolved that the continent’s development –be it in infrastructure, food security, urban development, and youth empowerment through education, jobs and entrepreneurship– can take a different path based on a deep understanding of climate risks.

“Africa’s only choice is to adapt to climate change. We all must change how we plan, invest and grow in a warming world,” they said.

Dr. Patrick Verkooijen, the CEO of the Global Centre on Adaptation, said: “Africa has a unique opportunity to advance its development exponentially if it invests now in a climate-smart adapted future based on a deep understanding of climate risks and solutions that put nature and people at the centre.”

According to Ban Ki-moon, the former Secretary-General of the United Nations and the current chair of the Global Centre on Adaptation, the COVID-19 pandemic is eroding recent progress in building climate resilience and leaving countries and communities more vulnerable to future shocks. Africa must make up for lost ground and lost time.

“Climate change did not stop because of COVID-19 and neither should the urgent task of preparing humanity to live with the multiple effects of a warming planet,” he said.

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