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Africa’s $25-billion climate change war chest

Africa’s $25-billion climate change war chest

ZUBAIDA MABUNO ISMAIL, BIRD STORY AGENCY THE African Development Bank plans to commit some 25 billion US dollars (US$) to programmes to mitigate the impact of Climate Change - among them, clean energy and emergency food production - over the next three years. This is just a fraction of the estimated amount - between US$1.3 trillion and US$1.6 trillion - that the continent requires to tackle the threat by 2030. Speaking at the 57th Annual Meeting of the bank in the Ghanaian capital, Accra, the bank's president, Akinwumi Adesina, said Africa needs more resources to combat the effects of climate…
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Adaptation no longer ‘Cinderella’ of climate action – but barriers remain

Adaptation no longer ‘Cinderella’ of climate action – but barriers remain

LAURIE GOERING EFFORTS to adapt to worsening climate change impacts are no longer playing "Cinderella" to better-financed work to cut emissions - but big obstacles still stand in the way of staying safer from climate threats, adaptation experts said on Thursday. Those range from inadequate investment in adaptation work, to over-zealous accountability mechanisms for public spending and a failure to include local people in developing plans and judging their success, they told an online discussion. Too many poor countries, meanwhile, are waiting to receive donor cash to adapt to more extreme weather and rising seas, when rethinking their own spending…
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