Leading the conversation on Climate in Africa
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…
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…
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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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…
At the recent COP29 climate conference in Baku, Azerbaijan, the African Export-Import Bank (Afreximbank) made a strong appeal for climate policies that address Africa’s unique challenges. The bank’s president, Professor Benedict Oramah, highlighted how Africa is heavily affected by climate change despite contributing less than 4% of global greenhouse gas emissions. He emphasized the urgent…
Read More “Afreximbank Calls for $1.6 Trillion Climate Financing at COP29” »
Kenya recently signed an important agreement with Italy that gives the country access to €5.5 billion under the Mattei Plan. The initiative is focused on supporting climate resilience and sustainable development across Africa. The deal was signed during the ongoing COP29 climate summit in Baku, Azerbaijan, by Kenya’s Environment and Climate Change Principal Secretary, Dr….
Read More “Kenya Gets €5.5B from Italy for Climate Resilience Projects” »
At the United Nations Climate Change Conference, COP29, in Baku, Azerbaijan, the Rockefeller Foundation announced a $10.9 million investment to support clean energy projects led by Africans. This funding, revealed during Energy Day at the conference, shows the foundation’s dedication to advancing sustainable energy solutions across Africa. The money will go toward various projects aimed…
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The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) is taking place in Baku, Azerbaijan, from November 11 to November 22, 2024. This important climate summit brings together representatives from around the world to discuss and plan actions to address climate change. The theme of this year’s…
Read More “What is COP29? How It Started, Key Goals, and What to Expect” »
As the COP29 climate conference continues in Baku, Azerbaijan, environmental groups like Greenpeace Africa are making an urgent call for climate financing for Africa. With the conference ongoing until November 22, leaders are being urged to prioritize financial support for African countries, which are among the hardest hit by climate change impacts despite contributing less…
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Climate finance is a critical piece in the global push to tackle climate change, serving as the funding needed for projects that cut down greenhouse gas emissions and help communities cope with climate impacts. Knowing what climate finance is, why it’s important, and how it can be improved is key to making progress on this…
Read More “Understanding Climate Finance and How We Can Make It More Effective” »
