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Global Center on Adaptation, AfDB host regional forum on the future of resilient food systems in Africa

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The Global Center on Adaptation (GCA) in collaboration with the African Development Bank and the Wangari Mathai Institute have concluded a three-day regional forum on the future of resilient food systems in Africa.

The Forum, called the Future of Resilient Food Systems in Africa – AAAP Digital Solutions for a Changing Climate provided training aimed at strengthening the capacity of stakeholders from across Eastern Africa to design and implement solutions to improve food security and climate resilience and to facilitate knowledge sharing among farmers on approaches to scale up the use of Digital climate-informed advisory services, or DCAS.

Digital climate-informed advisory services are tools and platforms that integrate climate information into agricultural decision-making. These services range from digital mobile apps, radio, and online platforms to digitally enabled printed bulletins based on climate models and extension services that utilize climate information platforms.

DCAS offers crucial opportunities to build the resilience of small-scale producers in the face of worsening climate change impacts. From seasonal forecasts to pest advisories, effectively designed services provide producers with the resources to adapt to climate shocks and plan for new climate conditions.

Globally, more than 300 million small-scale agricultural producers have limited or no access to such services because service provision is still fragmented, unsustainable beyond project cycles, and not reaching the last mile.

Speaking at the opening ceremony of the forum, Professor Patrick Verkooijen, CEO of Global Center on Adaptation called for urgent financial support to put Africa on the path of food sovereignty.

“Africa needs urgent support to scale up the implementation of adaptation solutions that are already yielding good results for irrigation, developing drought-resistant seeds, crops and livestock diversification, “ he said. 

“Through the African Adaptation Acceleration Programme, AAAP, we are rolling out a $350 million project to build resilience for food and nutrition security in the Horn of Africa towards mobilising new digital climate technology for market information, insurance products, financial services that can and must be tailored to smallholder farmers’ needs”, he added.

Speaking on behalf of the African Development Bank’s East Africa Regional Director General,  Nnenna Nwabufo, Dr Pascal Sanginga, Regional Sector Manager for Agriculture and Agro-Industries noted that the forum was timely, coming hot on the heels of the recently concluded Dakar 2 Feed Africa-Food Sovereignty and Resilience summit , organised by the African Development Bank.

“The Africa Adaptation Acceleration Program (AAAP) is already contributing to closing Africa’s adaptation gap by supporting African countries to make a transformational shift in their development pathways by putting climate adaptation and resilience at the center of their policies, programs, and institutions. There is no doubt that AAAP will be a strong component of the Country Food and Agricultural Delivery Compacts to accelerate the transformation of Africa’s food systems and build a more resilient Africa”, he said.

Professor Stephen Kiama Gitahi, Vice Chancellor of the University of Nairobi, reiterated the relevance of the forum pointing out that 70% of the population in Eastern Africa live in rural areas and depend on agriculture for their livelihoods. He encouraged the trainers to simplify the modules in a manner that removes the fear for technology and accelerate adaptation for rural farmers. Citing the legacy of late Professor Wangari Maathai he stated:  

“We acknowledge that gaps exist on climate adaptation in the rural communities and those can be smartly bridged with the use of digital smart agriculture and climate innovations to create great conservation impact in our region.”

The forum brought together stakeholders from ministries of agriculture, related government agencies, public research institutions, farmer organizations, universities and non-profit organizations working on climate adaptation for food security in Eastern Africa. These included participants from Djibouti, Eritrea, South Sudan, Burundi, Rwanda, Mauritius, Tanzania, Seychelles, Sudan, Ethiopia, Rwanda and Kenya.  

 

About Global Center on Adaptation
The Global Center on Adaptation (GCA) is an international organization which works as a solutions broker to accelerate action and support for adaptation solutions, from the international to the local, in partnership with the public and private sector. Founded in 2018, GCA operates from its headquarters in the largest floating office in the world, located in Rotterdam, the Netherlands. GCA has a worldwide network of regional offices in Abidjan, Cote d’Ivoire; Dhaka, Bangladesh and Beijing, China.

About the Wangari Maathai Institute, University of Nairobi
The Wangari Maathai Institute (WMI) for peace and environmental studies is a global centre for teaching and research on environmental management, governance, peace and conflicts and the nexus between peace and democracy. The centre was founded in 2009 with the support of the Government of Kenya (GoK), the African Union(AU) and the African Development Bank(AfDB) to celebrate and immortalize the work of the late Nobel Laurete
Prof.Wangari Maathai who was a global champion on environmental conservation and governance. The centre trains future leaders and Champions for environment. The Centre is located in the serene environment in Upper Kabete suburb of Nairobi City.

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Zanzibar Water Conference

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Zanzibar Water Conference

Venue: Hotel Verde, Zanzibar

2023 conference theme: Accelerating Change: Realizing Sustainable Management of Groundwater Resources and Resilient Water Services for All

Sub themes:

  • Groundwater Management in a Changing Climate
  • Water, Energy, Food Ecosystems, and Environment
  • Enhancing Water Supply and Sanitation through Innovative and Climate-Smart Technologies and Infrastructures
  • Water Governance and Institutional Strengthening

The conference is organized by the Zanzibar Ministry of Water, Energy and Minerals, Southern African Development Community, Groundwater Management Institute, Global Water Partnership Southern Africa, Tanzania Water Partnership, Hekima Ni Uhuru & IHE Delft Institute for Water Education.

The 2023 Zanzibar Water Conference takes place in Zanzibar on 16-17 August 2023.

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AGRF - Africa Food Systems Forum

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AGRF- Africa Food Systems Forum

Venue: Julius Nyerere International conference center, Dar es Salaam, Tanzania

Africa's Food Systems Forum 2023 Summit’s theme, “Recover, Regenerate, Act: Africa’s Solutions to Food Systems Transformation,” focuses on building back better food systems and food sovereignty with youth and women at the center. The theme identifies three steps needed to achieve this transformation: Recovery, Regenerate, and Act.The AGRF is the world’s premier forum for African agriculture, bringing together stakeholders in the agricultural landscape to take practical actions and share lessons that will move African agriculture forward.

The Summit aims to:

  • Share African innovations to scale up solutions to global food systems challenges, assess progress made in transforming food systems across the continent and globally.
  • Review the progress on investments and commitments made through the summit and the agribusiness deal room.
  • Renew political commitments to advancing climate-resilient food systems for women and youth.
  • Launch the presidential legacy program - Tanzania’s programmatic business model for piloting and scaling food system transformation.
  • Mobilize innovative financing instruments such as catalytic funds to support youth and women-led agribusinesses.

AAAP’s Participation

AAAP will hosting a side event titled, ‘Supporting smallholder productivity and resilience through increased access to investment, information, and innovation’ in partnership with Virginia Tech and Centre for Agriculture and Bioscience International (CABI)

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Dodoma city climate stress test

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AAAP upstream status
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40000
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Currently, Africa’s infrastructure needs are around USD 130–170 billion a year, with an investment gap of over 50–60% of that amount. Making Africa’s infrastructure resilient adds only an average of 3% to total costs, but every $1 spent could yield $4 of benefits. 

The Africa Infrastructure Resilience Accelerator (Pillar 2 of the Africa Adaptation Acceleration Program (AAAP)) focuses on accelerating infrastructure resilience efforts on the continent. It will strengthen the enabling environment and provide the technical support to scale up investment in resilient infrastructure. It will also ensure that new and existing infrastructure uses nature-based solutions and create positive socioeconomic impacts and green jobs. By 2025, Pillar 2 of the AAAP aims to scale up investment at national and city level for climate-resilient infrastructure in key sectors such as water, transport, energy, and waste management, and integrate resilience in up to 50% (by value) of new infrastructure projects.

The City Adaption Accelerators (CAAs) are carrying out Rapid Climate Risk Assessments in target cities, which aim to improve climate adaptation and build resilience in urban areas.

GCA Focal Point
Task manager
Climate Change Officer
Project category
Project type
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Example results indicator
Strengthened urban climate risk management in cities and their hinterlands
Objectives

The primary purpose of the RCRAs is to inform the identification and preparation of AfDB projects.

The RCRAs will inform the development of a comprehensive climate adaptation strategy and prioritization plan and are a crucial step towards the development of the CAA for each of the target cities. The overarching objective of the CAA is to create a shared strategic framework for GCA’s engagement in climate adaptation and resilience building in urban areas. The development objective of the CAA is to support cities and countries to strengthen their urban climate adaptation and resilience outcomes through enhanced (1) understanding; (2) planning; (3) investments; and (4) governance and capacity building.

AAAP added value
  • Outputs will inform future discussions surrounding climate adaptation investments 
  • GCA is demonstrating its unique value add in its ability to provide technical guidance to firms towards developing well-informed analyses
  • Literature review of vulnerability and adaptive capacity assessments of cities to climate change
  • Scoping of past and current initiatives and key stakeholders relevant for adaptation and resilience building in cities
Expected Outcomes
  • City Scan: rapid review of actions around climate hazard and risk assessments and more locally focused assessments of vulnerability and adaptive capacity
  • Rapid Climate Risk Assessment: an overview of the key climate hazards and associated risks; will indicate whether an in-depth climate risk assessment is required
  • City Scoping: provides insight into past and current initiatives relevant for adaptation and resilience building and identifies key stakeholders and relevant initiatives
Expected impacts

As part of the CAA, the RCRAs will contribute to the following impacts:

  • Strengthened urban climate risk management in cities and their hinterlands
  • Improved climate adaptive spatial planning at the municipal and regional levels
  • Enhanced water resources management for more equitable access to ecosystem benefits
  • Enhanced resilience, consistency, inclusiveness and integration of urban drinking water, sanitation and solid waste management services
  • Improved urban liveability and public health due to a reduction in climate risks stemming from heat stress and disease
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Fincial instrument
Grant
AAAP Focus Areas
Infrastructure
Project Value

€40,000

Unique identifier
363843

Programme for Integrated Development and Adaptation to Climate Change in the Zambezi River Basin (PIDACC Zambezi)

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AAAP upstream status
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AAAP facility upstream
417937
PAC date
MDB board date
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Context

Zambezi River Basin, in Southern Africa Region, has the largest drainage basin (1.4 million km2) with rich variety of natural resources, covering parts of eight riparian states namely Angola, Botswana, Malawi, Mozambique, Namibia, Tanzania, Zambia, and Zimbabwe. Despite this potential, riparian states are struggling to cope up with worsening ecological circumstances, environmental degradation, global warming, and climate change, which have created conditions of chronic vulnerability, food insecurity, and economic hardships

GCA Focal Point
Task manager
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Project type
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150000000
Example results indicator
Reinforced inclusive and diversified climate resilient livelihoods support through enhanced agribusiness and small & medium enterprises (SME) development
Objectives

The objective of the project is to strengthen regional cooperation in building the resilience of the Zambezi River Basin communities to climatic and economic shocks, through promoting inclusive,  transformative investments, job-creation, and ecosystem-based solutions.

AAAP added value
  • Identified climatic risks to major agricultural value chains and digital technologies that have the potential to accelerate climate adaptation in the Zambezi River Basin
  • Prepared national profiles on digital adaptation in agriculture for the various countries of the Zambezi River Basin, a summary of the prevalent adaptation techniques among smallholder farmers, and the key institutional, policy and human capital challenges to digitization
  • Actionable design and engagement opportunities, which will mainstream digital climate advisory services into the implementation of the PIDACC program
Expected Outcomes
  • Benefit  about  800,000 (60% women and 10% youth) within hotspot areas, and indirectly the whole population
  • Improved access to water, climate smart agricultural technologies, and community-level  infrastructure for irrigation and markets
  • Associated benefits include multi-sectoral utilization of  shared  water  resources  within  the  context  of  integrated  land  and  water  resources development and management, gender equality and social inclusion
Expected impacts
  • Strengthened institutional capacities and mechanisms for coordination of Basin monitoring,   planning, and management
  • Increased demand-driven community-level feasible climate resilient infrastructure that  would  support  livelihoods
  • Reinforced inclusive and diversified climate resilient livelihoods support through enhanced agribusiness and small & medium enterprises (SME) development
  • Developed and improved livelihoods, including job creation by enhancing agribusiness through investments in water, sanitation, energy, human capital, and agriculture sectors
  • Support adaptive capacity of communities with a view to avoid, reduce and reverse land degradation and effectively manage water
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Fincial instrument
Loans
Grant
AAAP Focus Areas
Agriculture
Food Security
Project Value

AfDB Investment of USD16.7 million of total USD19.4 Million

Unique identifier
294725

Country Digital Agriculture and Adaptation Profile: Benin, DRC, Malawi and Tanzania

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AAAP facility upstream
90000
Sub-sector
Project stage
Context

Food production in Africa is largely dominated by smallholder rain-fed agriculture and the sector is therefore particularly vulnerable to climate change and variability. The continent is already experiencing more frequent extreme weather events and higher-than-average temperature increases. According to a recent report by the Global Center on Adaptation (GCA), the annual cost of adaptation actions is estimated at US$15 billion, while that of non-action is estimated at US$201 billion. 

Digitalization offers the opportunity to help farmers adapt to some of the challenges arising from climate change and could lead to in-depth transformation of the agriculture sector. However, the dissemination of digital technology at the farm level risks widening the digital divide that exists for women and marginalized communities. Further, despite the rapid growth of digital technologies on the continent, youth potential as an asset to foster uptake and scale of digital agriculture is not fully exploited. However, in developing countries where wages are lower and farms generally smaller, digital technologies could help to improve management practices and access to markets.

GCA Focal Point
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380558
Example results indicator
An assessment of the readiness of the four countries for digital agriculture
Objectives

The overall goal is to create a Digital Agriculture and Adaptation Profile (DAP) for the four countries. The study will respond to the question of how digital climate and advisory services (DCAS) can be mainstreamed in implementing the adaptation options and pathways in the National Adaptation Plan, and for the agricultural sector of selected countries. A gender lens will be applied to the studies. 

Specifically, the work will include:

  • Overview of the agricultural economy of the country, the main value chains, and key challenges facing each of the value chains.
  • Analysis of climate vulnerability of major agricultural value chains.
  • Evaluation of the landscape of digital agriculture/adaptation (infrastructure, tools, enabling environment, institutions, policies, services).
  • Mapping of existing and promising initiatives related to DCAS in the country.
  • Identifying key players (public, private, non-profit, international community) across value chains, in digital agriculture and DCAS in the country as well as their roles and solutions. 
  • Assessing the challenges, barriers and opportunities to the investment, adoption and scaling of DCAS. 
  • Developing a business case for DAP in relation to investment operations.
  • Identifying and prioritizing promising digital climate adaptation solutions that are applicable to help producers in adapting to climate change and in building better resilience across value chains.
Expected Outcomes
  • Through the DAP, an assessment of the readiness of the four countries for digital agriculture. 
  • A holistic review of digital transformation articulated around six topics: the extent of climate challenges and adaptation potentials, digital infrastructure, digital penetration, policy and regulation, business environment, human capital and agro-innovation. 
  • An opportunity for investment banks to make informed decisions in the planning of ongoing and future projects.
Expected impacts
  • Developing a DAP can help to identify how to best harness the digital-agriculture-adaptation nexus to facilitate decision-making.
  • The results will be used by countries and their partners in implementing DCAS (short-, medium- and long-term investments). 
  • In supporting the development of DAP, GCA is working with partners to plug the gaps in the information needed to provide contextual understanding of background issues, and to ensure that investments in climate adaptation projects are designed and founded on sound and robust information that provide adequate context of focal/selected countries.
Start Date
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AAAP Upstream Facility
AAAP Focus Areas
Agriculture
Project Value

Technical Assistance

Unique identifier
202247, 200518, 297908,

Global Leaders Rally Support and Finance for the Africa Adaptation Acceleration Program to Tackle Climate Change in Africa

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Global leaders on Tuesday rallied around climate adaptation for Africa. They attended the Africa Adaptation Leaders’ Event, convened by African Union Chair President Macky Sall of Senegal, Global Center on Adaptation CEO Patrick Verkooijen, and African Development Bank Group President Akinwumi Adesina.

The event took place at the global climate summit (COP27) in Sharm El-Sheikh, Egypt. It underscored the critical need for climate adaptation in Africa and responded to the call for the capitalization of the Africa Adaptation Acceleration Program (AAAP).

“This is a pivotal step in the fight against climate change,” African Union Chair President Macky Sall said. “The commitments made by Africa’s partners will give the Africa Adaptation Acceleration Program the boost that it needs to transform the development trajectory of the world’s most climate exposed continent. I am confident in the ability of the AAAP to deliver results for Africa.”

The Africa Adaptation Acceleration Program is an Africa-owned and Africa-led initiative developed by the Global Center on Adaptation (GCA) and the African Development Bank (AfDB) in close collaboration with the African Union. It serves as the implementation of the Africa Adaptation Initiative (AAI) to mobilize $25 billion to implement, scale and accelerate climate adaptation across the Africa. Since 2021, AAAP has mainstreamed climate adaptation in over$3.5 billion of investments in 19 countries.

United Nations Secretary-General António Guterres said: “I want to express my total solidarity for the Africa Adaptation Acceleration Program […] I urge the international community to support Africa to mobilize the technical & financial resources for scaling up transformative adaptation.”

“With this innovative program, Africa has developed a plan to grow, create jobs and opportunities for people, and to be resilient against the climate crisis,” said President Akufo-Addo of Ghana. “AAAP’s singular focus on the issue of climate adaptation will also contribute to greater stability and progress in Africa and around the world. AAAP is aligned with Ghana’s plans to address climate change as it chairs the Climate Vulnerability Forum (CVF) to lead efforts from the world’s most climate vulnerable countries to spur and mobilize investment through the Climate Prosperity Plans."

James Cleverly, Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom announced that the UK will provide £200 million to the African Development Bank’s Climate Action Window. This is in addition to the £20 million announced at COP26 in Glasgow to the AAAP Upstream Financing Facility.

Cleverly noted: “Climate change is having a devastating impact on countries in Sub-Saharan Africa facing drought and extreme weather patterns, which have historically received a tiny proportion of climate finance. This new mechanism […] will see vital funds delivered to those most affected by the impacts of climate change, much more quickly.”

Prime Minister Mark Rutte of the Netherlands followed through on the commitment made at the Africa Adaptation Summit held at the Global Center on Adaptation in September to confirm that the Netherlands will contribute EUR110 million to the AAAP, with EUR10 million in support for the Upstream Financing Facility hosted by GCA and EUR 100 million for the Climate Action Window of the African Development Fund at the African Development Bank as part of the Netherlands’ commitment to dedicate half of its climate funding, fully grant based, to climate adaptation, with a focus on Africa.

Norwegian Prime Minister Jonas Gahr Støre echoed African leaders’ calls for countries to rapidly scale up finance for climate adaptation, stating: “The climate crisis is here and now. Years of progress are at risk.”

“The AAAP Upstream Financing Facility is the delivery mechanism of adaptation and will use millions to leverage the billions that is required for adaptation,” he continued. “AAAP projects will generate effective climate adaptation outcomes. Adaptation is a growth agenda. A jobs agenda. And a prosperity agenda. On behalf of Norway, I am looking forward to continuing this partnership, investing in it, and supporting it with the Global Center on Adaptation.”

International Monetary Fund Managing Director Kristalina Georgieva emphasized the need to accelerate adaptation in Africa, stating: “It is paramount to support Africa’s adaptation because Africa will not reach its tremendous potential without it. AAAP complements the IMF’s Resilience and Sustainability Trust, which helps countries address external shocks such as climate change and ensure sustainable growth that can give Africa a chance to leapfrog outdated development models.”

African Development Bank Group President Dr. Akinwumi Adesina said: “Africa is suffering from the devastating effects of climate change. Our continent is being short changed by climate finance. The contributions towards the Africa Adaptation Acceleration Program’s Upstream Financing Facility and the Climate Action Window – which the African Development Bank manages – will help capitalize the program. With increased capital, we can better deliver the investment needed to bridge the adaptation finance gap. We want to ensure that the most vulnerable communities can benefit from a sustainable and prosperous future.”

Endorsing the outcomes of the high-level meeting, Patrick Verkooijen, CEO of the Global Center on Adaptation, closed with a statement emphasizing the AAAP’s impact to date, noting that “there is no pause button on the climate crisis. Africa must adapt to the threat of climate change, and it must adapt now.”

“Through the AAAP,” he continued, “Africa has charted its path towards a climate-resilient future for its youth, its economic growth, and for its prosperity.”

About the Global Center on Adaptation

The Global Center on Adaptation (GCA) is an international organization which works as a solutions broker to accelerate action and support for adaptation solutions, from the international to the local, in partnership with the public and private sector, to ensure we learn from each other and work together for a climate-resilient future. Founded in 2018, GCA is hosted by the Netherlands, working from its headquarters in Rotterdam with a knowledge and research hub based in Groningen. GCA has a worldwide network of regional offices in Abidjan, Côte d’Ivoire, Dhaka, Bangladesh and Beijing, China. Through this evolving network of offices and global and regional GCA teams, the organization engages in high-level policy activities, new research contributions, communications, and technical assistance to governments and the private sector.

About the African Development Bank

The African Development Bank Group is Africa’s premier development organization. Its overarching objective is to spur sustainable economic development and social progress in its regional member countries, thus contributing to poverty reduction across the continent.

The Bank Group achieves this objective by mobilizing and allocating resources for investment in African countries and providing policy advice and technical assistance to support development efforts.

In 2015, all multilateral development institutions agreed on the same set of objectives, the United Nations Sustainable Development Goals.

Learn more: https://www.afdb.org/ 

About the Africa Adaptation Acceleration Program

The Africa Adaptation Acceleration Program (AAAP) is a joint initiative of the African Development Bank and the Global Center on Adaptation (GCA). It aims to mobilize $25 billion, over five years, to accelerate and scale climate adaptation action across the continent. This ambition is delivered through the AAAP Upstream Financing Facility managed by the Global Center on Adaptation and the African Development Bank’s climate action window in the ADF replenishment. AAAP works across four pillars to achieve transformational results: Climate-Smart Digital Technologies for Agriculture and Food Security; African Infrastructure Resilience Accelerator; Youth Empowerment for Entrepreneurship and Job Creation in Climate Adaptation and Resilience and Innovative Financial Initiatives for Africa. AAAP has already guided over $3.5 billion of upstream investments in 19 countries with every dollar spent influencing $100 downstream.

 

COP27 - COP27 Leaders' Event, Accelerating Adaptation in Africa (DAY 2)

COP27 - COP27 Leaders' Event, Accelerating Adaptation in Africa (DAY 2)

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African and other global leaders meeting in Rotterdam say the continent is at a tipping point for climate adaptation action

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Two months to the 27th global climate summit (COP27) in Sharm El-Sheik, Egypt, African and other global leaders have rallied in Rotterdam, to highlight the urgency of climate adaptation funding for the continent.

The meetings—co-convened by the President of the African Development Bank Group Dr Akinwumi Adesina, CEO of the Global Center on Adaptation (GCA) Professor Patrick Verkooijen, and African Union Commission Chair Mousa Faki Mahamat—was unanimous about the need for concrete action and finance.

Former UN Secretary General Ban Ki-moon and GCA Co-Chair said: “The world has a fever. It burns hotter and higher with every day that passes… Statistics tell us that Africa is where the fever is at its most intense and people at the most vulnerable.”

GCA Co-Chair and Honorary Chairman of Royal DSM Feike Sijbesma spoke about the importance of support from the global private sector. He said 80% of the funding for adaptation needs to come from the private sector in both the developed north and the developing south.

GCA Chief Executive Officer Patrick Verkooijen emphasized the disastrous impacts of climate change hitting all parts of the world. He said it is in Africa, however, that climate shocks will hit the hardest. He said Africa was resolute about its economic advancement and would not stop. “Adaptation in Africa is like climbing a mountain. With all of you here today, we have the dream team that will climb the mountain together.”

Verkooijen added: “The next summit after today is Sharm El-Sheikh, the Africa COP. But success in Egypt will hinge on whether Africa’s needs are met or not. Africa has the commitment and the plan. That plan is the Africa Adaptation Acceleration Program (AAA-P). It is Africa-developed and Africa-owned. It was launched by Africa’s leaders, who are here today. It is the vehicle for delivering the Africa Adaptation Initiative.”

Established in 2020 by the GCA and the African Development Bank, the Africa Adaptation Acceleration Program lies at the center of climate action on the African continent. Participants acknowledged Verkooijen’s and Adesina’s joint efforts as the driving forces behind the program.

African Union Chairperson, President Macky Sall of Senegal, President Nana Akufo-Addo of Ghana, who is Chair of the Climate Vulnerable Forum, and President Felix Tshisekedi of the Democratic of the Congo conveyed a unified message: the international community must deliver on its pledge to double adaptation finance and to scale adaptation action for Africa.

President Sall expressed disappointment at the absence of industrialized country leaders at the summit. The African Union Chair said if African leaders could be in Rotterdam in person to discuss such a crucial issue as climate adaptation in Africa, the very least they expected was that their European counterparts—whose countries are among the world’s biggest polluters—would also have been present at the summit.

This sentiment was shared by Presidents Akufo-Addo and Tshisekedi, African Union Commission Chairperson Moussa Faki Mahamat and UN Deputy Secretary General Amina Mohammed, among others. Mohammed said: “A bird only flies with two wings, and the representation at this table is lopsided.”

The UN deputy chief added that it was not Africa’s fault that it is in its current position, given that it contributes very little to global carbon emissions. She pondered on what the situation would have been if the roles had been reversed. Mohammed said the COP26 Glasgow pact was at risk of failing if the developed world did not make good on its promises of delivering $100 billion a year for climate action in developing countries.

In his intervention(link is external), Adesina reminded participants that the African continent was warming faster than any other region of the world, as predictions from the Intergovernmental Panel on Climate Change show that the critical global warming levels will be reached much earlier in Africa.

The African Development Bank chief explained that in the face of the deluge, Africa does not have the resources to tackle climate change. He said the continent receives only 3% of global climate financing. He noted that if this trend continued, Africa’s climate financing gap could reach between $100 billion to $127 billion per year through 2030.

Adesina said: “The current climate financing architecture is not meeting the needs of Africa. New estimates by the African Economic Outlook of the African Development Bank show that Africa will need between 1.3 and 1.6 trillion dollars from 2020 to 2030, or $118 billion to $145 billion annually to implement its commitments to the Paris Agreement and its nationally determined contributions.”

The African Development Bank chief said the African Adaptation Acceleration Program’s upstream facility at the GCA had already helped to generate $3 billion of mainstreamed climate adaptation investments by the African Development Bank, from agriculture to energy, transport, water, and sanitation.

Adesina spoke of the African Development Bank’s African Development Fund (ADF), its concessionary lending arm as one of the ways to address the climate financing gap. He said the 16th replenishment of the fund, currently underway, presented a unique opportunity for full financing of the $12.5 billion in financing for the Africa Adaptation Acceleration Program.

The African Development Bank chief explained that the African Development Fund had introduced a Climate Action Window that would hopefully mobilize $4 billion to $13 billion for climate adaptation for the Fund’s member countries. “This will be used to support 20 million farmers with access to climate resilient agricultural technologies, access of 20 million farmers and pastoralists to weather-indexed crop insurance, reviving 1 million hectares of degraded land, and provision of renewable energy for about 9.5 million people.

Adesina said commitments by developed countries to provide $100 billion annually in climate finance for developing countries was long overdue. “Africa cannot wait,” he emphasized. “This is the time to support the Africa Adaptation Acceleration Program. This is the time to support the ADF 16th replenishment. This is the time to support the Climate Action Window of ADF-16.”

World Trade Organization Director General Ngozi Okonjo-Iweala also lent her voice to the clarion call for additional resources for Africa adaptation funding. Speaking about the role of trade in climate adaptation, she said trade policies should be integrated into global climate action as an amplifying force for financing and other climate-related support provided to vulnerable economies.

The summit’s five-point Communique(link is external) highlighted that Africa was at a tipping point. It emphasized that success at COP27 will depend on whether the needs of Africa, the world’s most climate-vulnerable continent, are met with finance flowing into such key country-led adaptation programs as the Africa Adaptation Acceleration Program.

GCA Co-Chair Feike Sijbesma said in closing: “Investments in global climate adaptation cooperation are a big opportunity for countries like the Netherlands to share some of our best innovations with those who need them the most. The AAAP will be a crucial vehicle for triggering far greater business investment across Africa into green and resilient solutions. This is a collective effort, we need every sector, every contribution possible to see off the climate crisis in Africa, and the private sector, in particular, has a massive role to play.”

2022 Africa Adaption Summit

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Unlock the impact potential of agricultural SMEs in Africa, experts urge at Dakar 2 Food summit

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Global experts meeting during a panel session at the second international summit on food production in Dakar called for accelerated avenues to close the financial gap in agriculture and address barriers to the growing finance market for agricultural Small and Medium Enterprises (SMEs).

The discussions come in the wake of supply chain disruptions as a result of COVID-19 pandemic, the war in Ukraine, rising inflation, high commodity prices that have led to increased food and nutrition insecurity.

The session, titled, Closing the Financing Gap was moderated by Alan Kasujja, Presenter, BBC World Service.

At the summit, the African Development Bank Group and the Government of Canada announced the establishment of a new special fund to support Africa’s small and medium-sized enterprises (SMEs) in the agriculture sector.

The Agri-food SME Catalytic Financing Mechanism aims to catalyze and de-risk investment for agriculture SMEs. It will also strengthen agricultural value chains and improve food security across the continent.

The experts urgedlenders to explore blended finance to help de-risk agricultural transactions, reduce transaction costs and attract private financing by improving the risk-return ratios.

“A key challenge of the sector is the understanding of the risks…We need blended finance for things that are riskier to be done,” said Wagner Albuquerque de Almeida, Global Director for Manufacturing, Agribusiness and Services at the International Finance Corporation (IFC).

Trade and Development Bank head Admassu Tadesse said financing agriculture is not as risky as is often perceived. “It depends on which part of the cycle. We focus on the tail end, where is there is low risk,” he said.

Agri-SMEs’ biggest sources of financing are local commercial banks. However, banks prefer to invest in larger, more mature enterprises such as established aggregators and local processors who command regional or national market, Tadesse noted.

Danladi Verheijen, Co-founder and CEO of Verod Capital, a private equity investment firm, stressed that agriculture should be seen as an investment opportunity.

“Investors want to get in where there are high returns,” he said. He noted that one of the challenges in agriculture is finding the scale of businesses attractive enough for financial intermediaries to engage with them.

Panelists also noted that food value chains in Africa are currently not set up to maximise the potential of our food system. This growing realization has jolted players in Africa’s agricultural sector to seek practical solutions to restore the continent’s food security.

There is vast potential for establishing production and trade links, as well as synergies between different actors along the entire agribusiness value chain : producers, processors and exporters.

“All the elements need to come together. You need to have an ‘airbag’ if things go wrong,” said Dr. Heike Harmgart, Managing Director for the Southern & Eastern Mediterranean, European Bank for Reconstruction and Development.

Speakers also urged farmers and agri-SMEs to “reclaim their power” through cooperatives. “We need to help them to be organised to create clusters, and cooperatives and to create a sense of professionalization into the sector”, said Albuquerque de Almeida

Agreeing with Almeida, Dr. Olagunju Ashimolowo, the Vice President, Operations for ECOWAS Bank for Investment and Development urged governments to identify cooperatives to manage farmers. He also asked livestock owners to properly channel the funds in a way that would be “attractive and bankable.”

The African Development Bank’s Africa Adaptation Acceleration Program (AAAP) digital agriculture annex is deploying digital technologies targeted at smallholders, agri-SMEs and value chain actors  to build actors to use digital technologies in agricultural practices.

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