Connect with us

Business

Climate Change: UK commits new support to African-led projects to protect vulnerable communities

Published

on

Climate Change
Boris Johnson, UK prime minister, speaking at COP26

The UK announced new funding yesterday to support African governments to roll-out critical adaptation projects so at-risk communities can adapt to the impact of extreme weather and changing climates.

Alok Sharma, COP26 president, announced the new UK support for the Africa Adaptation Acceleration Program (AAAP) – an initiative endorsed by African Union leaders and led by the African Development Bank, Global Centre on Adaptation and the Africa Adaptation Initiative, to back African-led plans to accelerate resilience-building across Africa.

COP26 Buhari speaking

President Muhammedu Buhari of Nigeria speaking at COP26

Tuesday’s announcements came on the second day of COP26, the two-week UN Climate Change Conference, where world leaders are meeting with the aim to agree how to tackle the urgent threat of global climate change.

Boris Johnson, UK prime minister also announced the UK is offering an ambitious new guarantee mechanism – the ‘Room to Run’ guarantee – to the African Development Bank (AfDB).

This is expected to unlock up to £1.45 billion ($2 billion) worth of new financing for projects across the continent, half of which will help countries adapt to the impacts of climate change.

UK Foreign Secretary Liz Truss said: “More finance for African nations to develop and adapt to climate change is important as these countries find themselves on the frontline of impacts. It is a huge investment opportunity.

“By combining our cash with other donors and businesses, and working with partners such as the African Development Bank to direct funding into green projects, today we are delivering on our commitment to African-led climate adaptation.”

Vicky Ford, UK minister for Africa said:

“For communities across Africa, the impact of climate change is being felt right now. From cyclones in Southern Africa to locusts in East Africa, changing weather patterns are already having catastrophic impacts for communities living across the continent, impacting lives and jobs. This is despite African nations being responsible for just 2-3% of global emissions.

“New support announced today will enable African countries to adapt to a changing climate and build resilience to the impacts of climate change. This is essential if communities and countries are to thrive in an uncertain future.”

The UK is a long-standing supporter of Africa’s adaptation to climate change, with around half of the UK’s £2.7 billion ($3.7 billion) adaptation budget between 2016 and 2020 spent in Africa.

Climate Change

Global leaders at COP26

Speaking also, Ben Llewellyn-Jones, the UK’S deputy high commissioner in Lagos, said:

“Africa is already bearing the brunt of climate impacts as a consequence of dangerous climate chance. The need to scale up adaptation finance to protect the people and economies from the impact of climate change is clear.

Advertisement

“Climate action, building resilience and sustainable development are inextricably linked.  Working with key partners such as the African Development Bank and others, this new suite of programmes will support African countries, including Nigeria, to adapt to the effects of climate change.”

Advertisement
Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Advertisement
Advertisement

Facebook