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Youth Adaptation Solutions Challenge Francophone Cohort

Submitted by Trine Tvile on
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The Youth Adaptation Solutions Challenge is an annual competition and awards program for youth-led enterprises (50% women-led) organized by GCA and AfDB as part of the Youth Adapt Flagship Program. 

The competition invites young entrepreneurs and Micro, Small and Medium-sized Enterprises in Africa to submit innovative solutions on climate adaptation and resilience. The winners will be part of a 1-year incubator program, which will provide tailored training on business development and adaptation, coaching, networking opportunities, and grants to enable the youth-led enterprises to scale up their innovative businesses and build resilience among marginalized communities in Africa

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Deliver business development services (BDS) to and build the institutional capacity of youth-led enterprises, positioning them to effectively utilize grants offered and to also mobilize additional private capital, scale up climate action and create employment opportunities on the continent.
Objectives

The objective of the project is to deliver business development services (BDS) to and build the institutional capacity of youth-led enterprises, positioning them to effectively utilize grants offered and to also mobilize additional private capital, scale up climate action and create employment opportunities on the continent.

AAAP added value
  • Build youth capacity for employability and unlocking access to finance
  • Deliver a 1-year incubator program tailored training on business development and adaptation
  • Provide coaching and networking opportunities
  • Equip young innovators and MSMEs with customized skills and resources to scale up climate adaptation innovations and boost the creation of jobs
Expected Outcomes
  • Grant disbursement to the 5 winners of the YouthADAPT winners
  • 12-weeks training with practical skills in entrepreneurship and business development and climate adaptation
  • Mentorship to enable the winners to execute their business plans, create jobs, and support the continental effort towards climate resilience
  • Training materials developed and training workshops  delivered tailored to the selected youth-led start-ups
  • Support to the youth led-businesses to develop and implement their business plans and to mainstream adaptation and climate resilience in their businesses
Expected impacts
  • Delivered business development services (BDS) to and building the institutional capacity of youth-led enterprises
  • Youth-led enterprises positioned to effectively utilize grants offered and to also mobilize additional private capital
  • Scaled up climate action and  ability create employment opportunities on the continent
Start Date
End Date
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Grant
AAAP Focus Areas
Youth
Entrepreneurship
Project Value

USD 500 Million

Unique identifier
407450

African, other world leaders gather for largest summit on climate adaptation at COP26

Submitted by Trine Tvile on
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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.

High Level Event: The Africa Adaptation Acceleration Summit

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Global Center on Adaptation and African Development Bank call for applications for the African Youth Adaptation Solutions Challenge

Submitted by Trine Tvile on
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youthadapt-poster-editThe Global Center on Adaptation (GCA) and the African Development Bank have launched a call for applications for the first edition of the African Youth Adaptation Solutions (YouthAdapt) Challenge.

The call encourages young entrepreneurs, innovators from micro, small and medium-sized enterprises (MSMEs) and other youth-led and youth-owned enterprises in Africa, to implement solutions for building resilience and adapting to the adverse impacts of climate change. Young entrepreneurs between the ages of 18 and 35 are invited to respond to the call for the expression of interest and submit their business plan through the official submission portal.

With a strong focus on youth and gender, winners of the YouthAdapt Challenge will be awarded business grants of up to $100,000 each and the opportunity to participate in a 12-month business accelerator program to help them scale up their businesses, deepen their impact and create decent jobs.  In addition, the winning youth-led enterprises will be provided with mentorship and support to expand partnerships, knowledge sharing and learning through a network of young entrepreneurs in climate adaptation.

The African Youth Adaptations Solutions Challenge is part of the ‘Empowering Youth through Jobs and Entrepreneurship’ pillar of the Africa Adaptation Acceleration Program (AAAP), a strategic partnership between the GCA and the African Development Bank aimed at galvanizing climate-resilient actions through a triple win approach to address the impacts of Covid-19, climate change and the economy.

The competition aims to leverage the resources, complementary expertise and networks of both organizations to support the ‘missing-middle’ of mid-sized companies in the areas of funding, thereby promoting sustainable climate adaptation and resilience practices on the African continent.

Announcing the YouthAdapt Challenge to a group of global leaders at the High-Level Dialogue: The Adaptation Acceleration Imperative for COP26 held in Rotterdam, Netherlands on Monday 6th September 2021, Patrick Verkooijen, CEO of the Global Center on Adaptation said: “Our vision is to empower one million young people in Africa with the financing and skills they need to pursue jobs and careers in climate adaptation. With this new challenge we aim to unlock the business opportunities in adaptation action by innovative youth-owned enterprises and prepare a new generation of African youth for the transition towards green and climate-resilient development.”

“The YouthAdapt Challenge will unleash the entrepreneurial drive and capacities of African youth to grow their businesses, address the continent’s pressing climate challenge and create decent jobs, building a more climate-resilient Africa”, said Akinwumi Adesina, African Development Bank’s President, affirming the Bank’s commitment to invest in the youth.

Twenty youth-led enterprises will be shortlisted at the end of the application window on 6th October 2021 and invited to submit videos for a jury panel review ahead of the finals and an award ceremony at COP26 in Glasgow on November 8, 2021. At this event, ten winners will be selected, 50% of which will be women-led enterprises.

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