by Sophie Mbugua, Baku, Azerbaijan: After tense negotiations, deadlock, and near collapse, the 29th Climate Summit (COP29) successfully bulldozed a $300 billion annual new climate finance goal in the early hours of Sunday morning. Malawian Evans Njewa, the current chair of the Least Developed Countries (LDC) Group, in a statement called it “not just a…
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by Sophie Mbugua,Baku, Azerbaijan: Developing countries at the ongoing 29th UN Climate Summit (COP29) taking place in Baku, Azerbaijan say they need an ambitious New Collective Quantified Goal on Finance (NCQG) of at least USD 1.3 trillion per year. They have called on the new goal to provide a significant provision component for adaptation, mitigation,…
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The climate finance needs of developing countries have risen way beyond the 100 billion USD promised by developed countries 15 years ago. The recent UN2023 adaptation gap report estimates the cost of adaptation atUS$215 billion per year this decade. Check out Africa Climate Conversations YouTube Access to finance, including means of implementation that are technology…
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Climate finance and financing loss and damage deadlocked at COP27: Photo by Sophie Mbugua As the UN climate talks in Sharm El-Sheikh, Egypt, near the official end – of Friday, the 18th – climate finance and financing loss, damage and adaptation remain deadlocked. At COP27, developed countries strongly opposed having any financial mechanism under the…
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Annually, nearly 20 million people leave their homes due to climate-induced displacement, according to the United Nations High Commissioner for Refugees. 80 percent of those displaced are women and girls Women are key agents of change, but education is vital in developing required leadership traits. During the Gender Day celebrated during the just-concluded UN climate…
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The Intergovernmental Panel on Climate Change (IPCC) latest report on global warming clearly shows that human influence is responsible for warming the atmosphere. In today’s conversation, Africa Climate Conversations ask Dr. Mouhamadou Bamba Sylla, the AIMS-Canada Research Chair in Climate Change Science at the African Institute for Mathematical Sciences Rwanda, if the pledges made at…
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Africa is the most vulnerable to climate change and among the most impacted by climate change. Under the international climate negotiations, the continent negotiates as a group under the African Group of negotiators (AGN) on climate change. However, 33 African countries are classified as Least Developed Countries (LDC). The countries negotiate under the LDC negotiating…
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For the world to achieve the Paris agreement goals, climate finance which has been a contentious issue under climate negotiations, is critical. Also, implementing national commitments or NDC’s is essential. Negotiators have been discussing long-term finance and the common time frame by which NDC’s communicated by countries must be implemented. Today, Ambassador Mohamed Nasr, a…
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Africa is the continent most vulnerable to climate extremes. The IPCC six assessment report (AR6) confirms the continent warms faster than the global average over both land and oceans. From experiencing the hottest weather in Egypt this August that has occurred in the last 50 years to cyclones and heavy rains that resulted in higher-than-normal…
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Covid 19 has already demonstrated the availability of funds when a crisis occurs. Unfortunately, a report by nature shows that when it comes to providing finance for the climate crisis twelve years since Copenhagen, when developed countries promised to make available USD 100 billion annually for poor counties to address the climate crisis, it is…
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