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Stanbic Bank and Kenya Breweries Limited Launch Tree Planting Initiative to Fight Climate Change

Posted on December 2, 2024December 2, 2024 By Africa Digest News No Comments on Stanbic Bank and Kenya Breweries Limited Launch Tree Planting Initiative to Fight Climate Change
Stanbic Bank and Kenya Breweries Limited Launch Tree Planting Initiative to Fight Climate Change

Stanbic Bank Kenya and Kenya Breweries Limited (KBL) have announced a partnership to plant one million trees over the next five years. The partnership aims to combat climate change and support Kenya’s green economy. This initiative aligns with Kenya’s ambitious target of planting 15 billion trees by 2032 as part of the country’s broader environmental…

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News, Clean energy

Africa Set to Benefit from Carbon Credit Agreement Reached at COP29

Posted on November 25, 2024 By Africa Digest News No Comments on Africa Set to Benefit from Carbon Credit Agreement Reached at COP29
Africa Set to Benefit from Carbon Credit Agreement Reached at COP29

Negotiators at COP29 have reached an agreement on carbon credit standards under Article 6.4 of the Paris Agreement, establishing a regulated international carbon market. This consensus comes nearly a decade after negotiations began, focusing on ensuring the system’s credibility to reliably reduce greenhouse gas emissions driving climate change. The agreement is particularly significant for African…

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News

African Leaders Call for Urgent Increase in Climate Finance for Adaptation and Green Growth at COP29

Posted on November 21, 2024November 22, 2024 By Africa Digest News No Comments on African Leaders Call for Urgent Increase in Climate Finance for Adaptation and Green Growth at COP29
African Leaders Call for Urgent Increase in Climate Finance for Adaptation and Green Growth at COP29

African leaders made a unified call for a significant boost in climate finance to address adaptation and foster sustainable development during Africa Day at the 29th United Nations Climate Change Conference (COP29) in Baku. The event brought together prominent figures, including Ms. Josefa Sacko, African Union Commissioner for Agriculture, Rural Development, Blue Economy, and Sustainable…

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African Development Bank Launches the CAW Facility to Boost Climate Resilience in Vulnerable African Regions

Posted on November 19, 2024 By Africa Digest News No Comments on African Development Bank Launches the CAW Facility to Boost Climate Resilience in Vulnerable African Regions
African Development Bank Launches the CAW Facility to Boost Climate Resilience in Vulnerable African Regions

The African Development Bank Group (AfDB) has introduced the Climate Action Window (CAW) Technical Assistance Facility in a move to tackle climate vulnerability across Africa. Launched at COP29 in Baku, Azerbaijan, this initiative is designed to bridge the climate finance gap for 37 low-income African nations. With an initial funding pool of $56 million, the…

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News

Raila Odinga Urges G20 to Bridge Africa’s Climate-Finance Gap

Posted on November 19, 2024November 19, 2024 By Africa Digest News No Comments on Raila Odinga Urges G20 to Bridge Africa’s Climate-Finance Gap
Raila Odinga Urges G20 to Bridge Africa’s Climate-Finance Gap

Raila Odinga called on G20 nations to provide $1 trillion annually in long-term, grant-based climate financing to help Africa build resilience and escape the cycle of debt and disaster. He emphasized that Africa’s energy transition is about moving from no energy to sustainable energy, highlighting the continent’s renewable energy potential. Odinga stressed that Africa’s inclusion…

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News

KCB Group Targets KSh 15.2 Billion Green Climate Fund Loan to Boost Climate-Smart Solutions

Posted on November 18, 2024 By Africa Digest News No Comments on KCB Group Targets KSh 15.2 Billion Green Climate Fund Loan to Boost Climate-Smart Solutions
KCB Group Targets KSh 15.2 Billion Green Climate Fund Loan to Boost Climate-Smart Solutions

KCB Group Kenya is leading the charge in climate financing by pursuing a KSh 15.2 billion ($118.25 million) loan from the Green Climate Fund (GCF). The funding will support small and medium enterprises (SMEs) focused on climate-friendly solutions, promoting sustainable economic growth while addressing critical environmental challenges. The bank has already secured an initial KSh…

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News

Nairobi Climate Summit Sparks Urgent Call for Green Investments

Posted on August 22, 2024August 23, 2024 By Africa Digest News No Comments on Nairobi Climate Summit Sparks Urgent Call for Green Investments
Nairobi Climate Summit Sparks Urgent Call for Green Investments

The Pan-African Green Climate Financing Conference in Nairobi, a key component of the larger African Climate Summit, concluded with resounding calls for increased investment in sustainable development and climate resilience. Among the notable attendees was Raila Odinga, the former prime minister of Kenya and a prominent opposition leader, whose participation underscored the growing bipartisan consensus…

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News

Will COP 29 Finally Deliver on Climate Finance and Global Action?

Posted on August 21, 2024August 21, 2024 By Africa Digest News No Comments on Will COP 29 Finally Deliver on Climate Finance and Global Action?
Will COP 29 Finally Deliver on Climate Finance and Global Action?

As the world braces for the 29th Conference of the Parties (COP 29) to the United Nations Framework Convention on Climate Change (UNFCCC), a pivotal moment in global climate negotiations looms large. Scheduled to take place in Azerbaijan, a country with a complex geopolitical landscape, COP 29 is expected to be a test of international…

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News

Severe Drought Hits 68 Million in Southern Africa

Posted on August 19, 2024August 19, 2024 By Africa Digest News No Comments on Severe Drought Hits 68 Million in Southern Africa
Severe Drought Hits 68 Million in Southern Africa

A devastating drought is gripping Southern Africa, impacting nearly 68 million people across the region. Exacerbated by the El Niño phenomenon and climate change, this drought is one of the most severe in decades, with some countries experiencing the driest mid-season spell in over 100 years. The drought has had a catastrophic impact on agriculture…

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News

Duale Faces Scrutiny as Kenya’s New Climate CS

Posted on August 9, 2024August 9, 2024 By Africa Digest News No Comments on Duale Faces Scrutiny as Kenya’s New Climate CS
Duale Faces Scrutiny as Kenya’s New Climate CS

Aden Duale has been appointed and sworn in as Kenya’s new Cabinet Secretary for Environment, Climate Change and Forestry following a significant cabinet reshuffle. The appointment represents a notable change for Duale, who previously served as Cabinet Secretary of Defense for nearly two years before President William Ruto dismissed his Cabinet on July 11, 2024….

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