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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

climate finance

13 Results / Page 1 of 2

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Africa

Italy and African Development Bank Seal €400 Million Deal

Italian state lender CDP and the African Development Bank signed a €400 million roughly US$420 million co-financing agreement on Thursday to support climate finance, sustainable agriculture, education, and technical assistance. The deal, which was finalized during the AfDB's Africa Investment Forum in Rabat, is part of Italy’s €6 billion Mattei plan aimed at boosting African development.

todayDecember 6, 2024 7

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Africa

African economic expansion need not threaten global carbon targets: study points out the path to green growth

    By Daniel M. Kammen, University of California, Berkeley and Oluwagbemisola Deborah Akinsipe, University of California, Berkeley   Africa contributes only about 4% of the world’s greenhouse gas emissions. The continent consumes the least energy for each person, compared with other regions of the world. With over 560 million people who don’t have access to electricity, Africa has the lowest rate of energy access in the world. The continent […]

todayAugust 12, 2024 10

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Business / Economics

Aspirations and reality of Namibia’s Green Hydrogen dream – Dr. Hage Geingob

      By Josef Kefas Sheehama   His Excellency Dr. Geingob's vision has been realized as Namibia has made major strides to establish itself as a major player in the world of green hydrogen production. The transformation of Namibia's economy and the realization of green hydrogen in the country were spearheaded by Dr. Geingob. Drawing on the proverb that states “Rome was not built in a day”. This serves […]

todayMay 8, 2024 37

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Africa

Africa’s megacities threatened by heat, floods and disease – urgent action is needed to start greening and adapt to climate change

    By Meelan Thondoo, University of Cambridge   Cities cover just 3% of the planet. But they emit 78% of all global greenhouse gas emissions, absorb 80% of final global energy (what consumers use) and consume 60% of clean drinking water. African megacities like Lagos, Nigeria (with 21 million residents) and Cairo, Egypt (with 10 million residents) are experiencing significant temperature increases due to the urban heat island effect […]

todayApril 24, 2024 12

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Africa

African countries start business classification to shore up green investment

      By Conrad Onyango, bird story agency   Kenya has joined South Africa and Rwanda in offering a "green investment" handbook as African countries race to close a huge climate financing gap. The draft Kenya Green Finance Taxonomy (KGFT), published by the Central Bank of Kenya (CBK) in mid-April, is expected to help position the country for green funds and make the investment climate more attractive. Targeting banks, […]

todayApril 17, 2024 20

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Africa

African countries at COP28: several big wins and a united voice

  By Bamidele Olajide, University of Lagos African countries entered the recent COP28 negotiations on climate change in high spirits. Before this conference, in September, African government leaders, policymakers, activists and other groups from the continent met at the African Climate Summit in Nairobi, Kenya. The African position and expectations for COP28 were shaped at this summit by the adoption of the Nairobi Declaration. Africa’s main agenda at COP28, hosted […]

todayDecember 14, 2023 12

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Africa

Commonwealth launches e-learning course to help African countries access billions in climate finance

A new Commonwealth e-learning course launched yesterday will improve the ability of African countries to access billions of dollars in climate finance. The Commonwealth Secretary-General, The Rt Hon Patricia Scotland KC, launched the ‘Commonwealth Climate Finance Essentials E-learning Course’ at an event on 11 December 2023 in Dubai during the United Nations Climate Change Conference (COP28). The course builds on the extensive experience of the Commonwealth Climate Finance Access Hub. […]

todayDecember 13, 2023 16

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Africa

COP28: Report recommends young people get a fair share of climate finance

Young people, who are among those most at risk to the impacts of climate change, are not accessing the funds they need to tackle the challenges posed by global warming, according to a report published on 9 December. The joint report by the Commonwealth Secretariat and YOUNGO, the children and youth constituency of the United Nations Framework Convention on Climate Change (UNFCCC), analysed 100 climate finance initiatives targeted at young people. While it […]

todayDecember 12, 2023 9

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