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African Development Bank (Abidjan)

Africa has a Plan to Finance Its Adaptation to Climate Change

Africa Development Bank (AfDB) president Akin Adesina at COP 22 in Marrakesh, Morocco, called for "global climate justice for Africa" because "Africa alone cannot carry the burden of adapting to climate change." But the continent isn't sitting and folding its arms. The AfDB president said, "Africa has developed an effective mechanism - the African Risk Capacity Insurance - to help countries cope with extreme weather events, through insurance for catastrophic events" and "what is needed now is support to assist African countries in meeting the insurance premium costs." Find out more. More about AfDB in this BRIEFING



Photo: AfDB

"Africa alone cannot carry the burden of adapting to climate change. There must be global climate justice for Africa. Africa has developed an effective mechanism - the African Risk Capacity Insurance - to help countries cope with extreme weather events, through insurance for catastrophic events" - AfDB President Akin Adesina

Photo: AfDB

Mahamadou Issoufou (President of Niger), Azali Assoumani (President of Comoros), Akinwumi Adesina (African Development Bank Group President), Alpha Condé (President of Guinea). Presidents of Niger, Comoros and Guinea support AfDB's president Akin Adesina's call for global climate insurance premium payments for Africa

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