Climate Financing for Africa #ADF9

"African countries need to come up with a unified position on climate change mitigation and adaptation ahead of the Conference of the Parties events in Lima and Paris, policymakers and researchers say. Many African countries are already experiencing damaging climate change. Rain-fed agriculture, which is responsible for the majority of the continent's food supply, is at risk from increasingly unpredictable rainfall patterns, while the incidence of extreme weather events, such as devastating droughts, has increased. This burden should spur Africa to find a common position on climate change. "If there is one candidate for a common position by Africa that is climate change," says Abdalla Hamdok, the deputy executive secretary of the United Nations Economic Commission for Africa. "Climate change is one problem to which we contribute the least, yet we are at the receiving end of all its calamities, whether it is floods or drought. We need to stand as one front in the negotiation for finance. Our pan-African institutions have to come up with a common African position." Read More.

On Day 2 Wednesday 15th October, a panel of scholars, activists and entreprenuers discussed ways to respond to climate change and finance challenges in Africa. Identify new mechanisms for fasttracking access to funding in order to build resilience to climate change, capitalising on innovative domestic climate finance opportunities.