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

Green Climate Fund

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Africa

COP28: The deals so far

From historic agreements on Loss and Damage, to transformative declarations on food systems and health, COP28 could mark a monumental shift in how the world addresses environmental challenges. Here are some of the deals announced so far. COP28 has mobilized over $83 billion in funding, setting the pace for a new era in climate action. These include the first ever declarations on food systems transformation and health, plus declarations on […]

todayDecember 12, 2023 7

Agricultural communities
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Africa

Climate adaptation funds are not reaching frontline communities: what needs to be done about it

By Katherine Browne, Stockholm Environment Institute Communities around the world face increasingly severe and frequent impacts from climate change. They are on the “frontlines” of droughts, flooding, desertification and sea level rise. International climate finance is supposed to help. In the 2015 Paris Agreement, the world’s wealthiest countries pledged US$50 billion annually to support climate adaptation among those “particularly vulnerable” to climate change. Climate adaptation is the adjustments humans make to […]

todayNovember 27, 2023 5

green bonds
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Africa

African nations are increasingly favouring green bonds over emissions trading to power their transition to green energy.

By Conrad Onyango, bird story agency African countries are now favouring raising funds for projects that have positive climate and sustainability outcomes over emissions trading as green bond issuances soar across the continent. While legislative plans to regulate the sale of carbon credits are proliferating the continent, this race has been beset by controversies, with critics claiming it allows companies to continue polluting without reducing their emissions. Green bonds are becoming […]

todayNovember 15, 2023 6

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