European Investment Bank (EIB) has expressed its readiness to collaborate with African governments on accelerating climate adaptation in the continent. The EIB President, Werner Hoyer, made the promise at the Africa Adaptation Summit, the first-ever global summit to focus solely on accelerating climate adaptation in Africa organized by the Global Center on Adaptation (GCA), in […]
Tag: Global Center on Adaptation (GCA)
Africa Needs $127Bn Yearly For Climate Change Financing Gap – Adesina
The President of African Development Bank Group (AfDB), Dr. Akinwumi Adesina, has projected that Africa would require between $100 billion to $127 billion yearly between now and year 2030 to bridge climate change financing gap in the continent. The AfDB President, who gave these figures on Monday in his paper delivered at the Africa Climate […]
ARC, GCA Seal Pact On Climate Resilience, Disaster Risk Finance In Africa
The African Risk Capacity (ARC) Group and the Global Center on Adaptation (GCA) have signed a Memorandum of Understanding (MoU) to build climate resilience in the agriculture sector by facilitating investments in risk management into government planning and high-level advocacy. The pact will be supported by a joint assessment of the landscape for developing risk […]
Climate Change: GCA opens Africa Office, as AfDB Assures $25Bn Support
The opening of a regional office by the Global Center on Adaptation (GCA) on Wednesday has elicited commendations from African leaders who expressed the hope that the step would spur the continent’s efforts to combat climate change. Several regional and global leaders attended the high-level virtual launch. Key speakers included the 8th UN Secretary-General Ban […]