Nairobi, Kenya, October 26, 2021 (GLOBE NEWSWIRE) – The Global Adaptation Center (GCA) today released the findings of its âState and Trends of Adaptation in Africa Report 2021 – How adaptation can make Africa safer, greener and more prosperous in a warming worldâ (STA21) during virtual event at the University of Nairobi organized by the Government of Kenya under the leadership of Uhuru Kenyatta, President of Kenya.
The report presents a comprehensive overview of current and projected climate risks for Africa, as well as a climate change adaptation plan that will be addressed through the four pillars of the Africa Adaptation Acceleration Program (AAAP). of the GCA. It presents the opportunity offered by climate adaptation to solve previously intractable problems and put Africa on a more resilient path towards âgreen growthâ.
The report says that even if the goals of the Paris Climate Agreement are met, the economic costs of climate change in Africa are expected to be significant. Africa is likely to experience higher relative impacts (as a percentage of GDP) than most other regions of the world, even though it is less responsible (historically or today) for global greenhouse gas emissions than other major regions of the world. If the goals of the Paris Climate Agreement are not met, the economic costs will be very significant in Africa, and potentially catastrophic in some sub-regions.
Analysis of data by GCA demonstrates that only adaptation can reduce the economic costs of climate change in Africa over the next 20 years and that Africa needs to scale up adaptation now. The level of climate change in the next 20 years for Africa is already locked in, and these impacts can only be reduced through adaptation. Climate change will affect public finances: it is now considered a financial and macroeconomic risk.
Without adaptation measures, projections estimate that climate change will cause an annual loss equivalent to 2 to 4% of the continent’s GDP by 2040, with the poor, women and excluded populations being the most affected. Yet studies show that the benefits of adaptation measures are almost always more than twice the costs, and often more than five times the costs. Moreover, adapting quickly is particularly beneficial, with a benefit-cost ratio for early action of at least 12: 1.
STA21 revealed that the cost of taking effective adaptation measures in the agricultural sector (especially in priority areas such as research and extension, water management, infrastructure, land restoration and climate information services) is estimated at US $ 15 billion per year, less than a tenth of the estimated annual cost of US $ 201 billion of inaction, which includes payment for disaster relief and recovery from floods. With agriculture dominating economic life in many African countries, accounting for between 30 and 40 percent of GDP, and a primary source of employment for over two-thirds of Africa’s population, the impact of climate change on agriculture has far-reaching consequences for African economies as a whole without accelerated adaptation action. AAAP aims to address climate challenges in this key sector through its climate smart digital technologies for agriculture and food security, which aim to expand access to climate smart digital technologies and agricultural services and financial partners based on data for at least 30 million farmers in Africa by 2025.
At the same time, Africa has the highest urbanization rates in the world. About half of Africans now live in cities, and the urban population is expected to nearly triple by 2050, due to high population growth rates and increased migration from rural areas to cities. STA21 describes how, as cities develop, they can undertake a range of adaptation actions that require few financial resources but generate immediate and significant benefits or lay the foundation for enhanced adaptation actions within the framework of post-COVID recovery plans. These actions include: strengthening early warning systems, providing safe and affordable housing, creating urban parks and better drainage systems to absorb storm water and reduce urban heat, promoting urban agriculture innovative (such as vertical farms on the walls of houses), the strengthening and decarbonization of energy networks and the production of energy from waste. The AAAP Infrastructure Resilience Accelerator will ensure by 2025 that climate risks and resilience are mainstreamed into at least 50% (by value) of new infrastructure investments in Africa in key infrastructure sectors, including water , transport, energy, ICT and waste management to help bridge the infrastructure gap and achieve sustainable development in the face of climate change.
With the youngest population in the world located in Africa, STA21 also stresses the importance of involving young people on the importance of adaptation measures to ensure that the development gains of recent years and their future well-being. are not threatened by the impacts of climate change. STA21 describes how Africa’s natural wealth can be harnessed both as an engine for employment and a cost-effective adaptation pathway, enabling the continent to embark on a more sustainable development path. Africa also has the potential to provide greater employment opportunities for young people through a growth path focused on modern labor-intensive industries in ecotourism services, smart agriculture. facing the climate, the ocean economy and green construction and infrastructure. The AAAP pillar Empowering young people through employment and entrepreneurship promotes the creation of sustainable jobs through entrepreneurship in climate adaptation and resilience in Africa by unlocking $ 3 billion in credit for action d ‘adaptation.
Nonetheless, the amount of money available for adaptation action is $ 265 billion less than the investment needs of $ 331 billion for the continent by 2030. STA21 highlights the urgent need, therefore , increase support from developed countries, sovereign wealth funds, pension funds, development banks, philanthropies, foundations, nonprofits and other sources, as well as the integration of adaptation in national budgets. STA21 also describes the opportunities for deploying innovative financing models, integrating resilience into investment decision-making, and creating an enabling environment for investment in adaptation. AAAP’s pillar, Innovative Financial Initiatives for Africa, aims to increase financial flows for adaptation and resilience (A&R) to the continent with a total increase in adaptation finance on the continent to over $ 5 billion per year by 2025.
Notes to Editors:
About the Global Adaptation Center
The Global Center on Adaptation (GCA) is an international organization that acts as a solution broker to accelerate action and support for adaptation solutions, from international to local, in partnership with the public and private sectors, to make sure we learn from each other. and work together for a climate resilient future. Founded in 2018, GCA is hosted in the Netherlands, working from its headquarters in Rotterdam with a knowledge and research hub based in Groningen. GCA has a global network of regional offices in Abidjan, CÃ´te d’Ivoire; Dhaka, Bangladesh and Beijing, China. Through this evolving network of global and regional SCM offices and teams, the organization engages in high-level political activities, new research contributions, communications and technical assistance to governments and industry. private.
For more information please go to www.gca.org
About the Africa Adaptation Acceleration Program
As a global broker of solutions on adaptation and resilience, the Global Adaptation Center (GCA) has partnered with the African Development Bank to create the Africa Adaptation Acceleration Program (AAAP) ) focused on scaling up four critical areas for adaptation action in partnership with African countries and partners. The four critical areas of climate smart digital technologies for agriculture and food security; African infrastructure resilience accelerator; Empowering youth for entrepreneurship and job creation in climate adaptation and resilience and innovative finance initiatives for Africa will help address the link between climate change, COVID-19 and economy and will help African countries to design and implement transformational adaptation of their economies and positions – Development paths of COVID recovery. AAAP aims to mobilize $ 25 billion to support Africa’s five-year adaptation plans ($ 5 billion per year). The AfDB has already committed half of the total, $ 12.5 billion by 2025. The program was approved by President Tshisekedi, President of the African Union and President Ali Bongo of Gabon, Union champion. African for adaptation.
For more information please go to www.gca.org/programs/africa-adaptation-acceleration-program/
About the status and trends in Adaptation in Africa Report 2021
The 2021 GCA Africa Adaptation Status and Trends Report presents the most comprehensive overview of the present and future prospects of the African continent in light of climate change. It is also a model for how individuals and institutions in the African and international political space can design, finance and implement adaptation plans to better protect the lives and livelihoods of hundreds of millions. Africans. Published ahead of COP26 in Glasgow, the report is an evidence-based advocacy tool to put adaptation and resilience in Africa higher on the national and international agenda using the report’s concrete policy recommendations. As adaptation intensifies in response to the challenge of climate change, the report is expected to influence the design of projects and programs, including those supported by the Africa Adaptation Acceleration Program.
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Head of Communications, Global Center on Adaptation
CONTACT: Alexandra Gee Global Center on Adaptation +447887804594 [email protected]