AAAP in the Media
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Session on Water Solutions for Climate Adaptation: lessons to scale up impactful delivery during the 2023 UN Water Conference
What: Session on Water Solutions for Climate Adaptation: lessons to scale up impactful delivery during the 2023 UN Water Conference
Who: Africa Adaptation Acceleration Program of the African Development Bank and the Global Center on Adaptation
When: 22 March 2023, 18:30 EST
Where: United Nations Headquarters, Conference Room 9
Event description:
The Global Center on Adaptation and the African Development Bank are co-convening a high-level event at the UN 2023 Water Conference. This is the first event of its kind in nearly five decades. It places water at the center of a robust global response to climate change.
The session will dwell on the need to build resilience to climate change across Africa, developing states and vulnerable nations. It will propose proven water solutions for a warming world to advance climate adaptation and a model of delivery to achieve impact at scale. Furthermore, it will share lessons from the model of implementation in the Africa Adaptation Acceleration Program.
It will also serve as a launch pad to highlight the Africa Adaptation Acceleration Program’s achievements within its Water-Urban sub-program and seek its replication as a model in other regions, particularly Asia and small island states.
The high-level dialogue will feature statements and contributions from invited leaders across the fields of global politics and international finance.
African, other world leaders gather for largest summit on climate adaptation at COP26
African and other global leaders came together at COP26 in Glasgow yesterday for the Africa Adaptation Acceleration Summit, the largest summit to date on climate adaptation.
The summit called for the rest of the world to ramp up its support for the African continent as it adapts to the adverse effects of climate change, including devastating human impacts in Madagascar, where 1.3 million people live under food distress following four years of no rain. Madagascar’s situation has been described as the first climate induced drought.
President Félix Tshisekedi of the Democratic Republic of Congo and Chairperson of the African Union led Tuesday’s event. He highlighted the $6 billion in financial commitments for climate adaptation that African countries had put forward in their nationally determined contributions (NDCs) and called for increased funding to produce the additional $27 billion a year that the continent requires.
President Tshisekedi said: “Adaptation finance flowing to Africa is grossly insufficient compared to the enormous resources needed for the continent to adapt to climate change. That is why African countries, working with the Global Center on Adaptation, the African Development Bank, and other partners, launched the Africa Adaptation Acceleration Program (AAAP). The program lies at the heart of Africa’s climate change needs. It is Africa-owned and Africa-led. African nations have endorsed it as Africa’s preferred mechanism to deploy adaptation finance for adaptation projects in Africa.”
African Development Bank Group President Dr Akinwumi A. Adesina said: “The Africa Adaptation Acceleration Program is a game changer for Africa to deliver results and impacts on adaptation, fast and at scale. It will support 30 million farmers with digital climate advisory services. The Technologies for African Agricultural Transformation program supported by the African Development Bank and the Bill and Melinda Gates Foundation has already delivered climate resilient technologies for 11.2 million farmers in just two years.”
He added: “With the Africa Adaptation Acceleration Program, we expect to reach 40 million farmers. We plan to support farmers in producing 100 million metric tons of food, which will be enough to feed 200 million people and reduce hunger by 80%.”
Moderating summit proceedings, Patrick Verkooijen, CEO of the Global Center on Adaptation, underscored the urgent need for accelerated climate adaptation action across the continent: “COP26 must deliver on the promises of Paris,” he said. “We are failing and we are failing Africa. We must bring more ambition and more finance to help Africa adapt to the pace of a climate emergency devastating the continent with increasingly serious consequences for the world’s poorest and most vulnerable,” the GCA CEO added.
COP26 President Alok Sharma announced $197 million in new funding for adaptation for Africa from the UK government. Of this amount, $27 million will support the Africa Adaptation Accelerated Program upstream facility to deliver technical assistance and a pipeline of bankable projects. The package is expected to unlock almost $1.2 billion for climate adaptation in Africa. Sharma said there will be more to come.
US Secretary of State Antony Blinken also announced new funding for climate adaptation from the United States government. He said the US President would work with the US Congress to dedicate $3 billion annually in adaptation finance by the year 2024. This is the largest commitment ever made by the US to reduce the impact of climate change in those most endangered by it around the world.
African Development Bank participates in the World Circular Economy Forum (WCEF)
What: African Development Bank participates in the World Circular Economy Forum (WCEF)
Who: African Development Bank, Nordic Innovation and the Finnish Innovation Fund Sitra, with international partners
When: 30 May - 2 June 2023
Where: Helsinki, Finland and online
A delegation led by African Development Bank Director of Climate Change and Green Growth Anthony Nyong, is at the 2023 World Circular Economy Forum (WCEF2023) in the Finnish capital Helsinki.
WCEF2023 is the seventh edition of the annual forum co-organised by Nordic Innovation and the Finnish Innovation Fund Sitra, with international partners, including the African Development Bank. The forum brings together business leaders, policymakers and experts from around the world to present the best circular economy solutions. WCEF examines how societies and businesses can seize new opportunities to accelerate the global transition towards a circular economy to achieve the UN Sustainable Development Goals. WCEF is the world’s best known neutral global circular economy event and platform for the global circularity movement.
To leverage and build on the results of last year’s WCEF and showcase circular economy ambition in Africa, a strong engagement of the African Development Bank is planned at WCEF2023. This includes speaker roles at plenary sessions, side events and hosting an African delegation of six participants from member countries of the African Circular Economy Alliance (ACEA) and African organisations to participate and speak at the event alongside the Bank’s mission team.
African Development Bank Director of Climate Change and Green Growth Anthony Nyong will participate in a guided dialogue during a session titled “Unlocking Finance for a circular and regenerative economy” organised by Circle Economy together with European Investment Bank (EIB). ACEA, whose secretariat is based at the African Development Bank’s headquarters in Abidjan, Côte d’Ivoire, will join in a session titled “Circular strategies and road maps,” organised by The Global Alliance on Circular Economy and Resource Efficiency.
The African Development Bank will host a stand at the WCEF Exhibition Area. This will give the opportunity to African Circular Economy Facility (ACEF), ACEA and its partners to showcase solutions to a global audience to attract partners and financiers for scaleup.
The Bank organises / has interventions in the following sessions:
TUESDAY, 30 MAY
Plenary Sessions at Helsinki Fair Centre
9:30-10:30
IFI CEN high-level working meeting
13:30 - 14:45
Unlocking finance for a circular and regenerative economy
THURSDAY, 1 JUNE
Accelerator Sessions, venues across Helsinki
8:30-13:00 (UTC+3)
Place: Messukeskus conference centre, Messuaukio 1, Helsinki and online
Accelerator session: African Voices to circular Economy
10:00 – 13:00
Accelerator session: International Financing and Funding for World Circular Economy Business Opportunities
16:00 – 17:30
Accelerator session: A circular economy that works for everyone: ensuring a just and jobs-rich transition to a sustainable future for all
Official WCEF2023 website: https://wcef2023.com/about/
Accelerator Session: https://wcef2023.com/sessions/african-voices-showcasing-circular-economy-ambition-in-africa/
Confirm your live attendance as soon as possible by registering through this link
Livestream on the WCEF2023 website and YouTube channel.
Media contact: Sonia Borrini, Communications and Knowledge Management Specialist, Climate Change and Green Growth Department | email : s.borrini@afdb.org