Africa continues to bear the brunt of climate change impacts, receiving only 20% of global adaptation finance with the majority being in the form of loans, exacerbating debt distress. The Adaptation Gap report highlights a significant financial shortfall for essential adaptation measures, hindering effective climate action in vulnerable regions like Africa. COP29 must bridge the gap between ambitious adaptation goals and necessary financial backing to ensure adaptation targets are more than just rhetoric and translate into tangible action for countries in need.
Full Article
Any Successful African Energy Policy at Conference of the Parties (COP) or Anywhere Must Have Oil and Gas at its Core (By NJ Ayuk) – Africa.com
NJ Ayuk, Executive Chairman of the African Energy Chamber, emphasizes the importance of African energy stakeholders speaking in a unified voice to achieve energy industry goals, especially at COP29. He calls for African leaders to secure financing for renewable energy sources and streamline contract approval processes for oil and gas projects. Ayuk also stresses the need for promoting opportunities for women in the industry and urges Western governments and financial institutions to support African energy...
Read more