Innovative mechanism developed by @AfDB_Group to mobilize new & additional public and private sector finance for enhanced #ClimateChange adaptation action
Discover the @AfDB_Group side events at #Innovate4Climate in #Bilbao.
If you are not able to join us in person this year register as a virtual attendee and access some of our most insightful sessions on Paris Agreement and Green Banks: https://t.co/brP2fSXlI0
Live at #Innovate4Climate: workshop on Implementing Article 6.8 of the Paris Agreement
More info about the Adaptation Benefits Mechanism: https://t.co/rbIlAFeMFG
"Adaptation finance is not advancing, let alone accelerating"
@AfDB_Group@gbpphillips is introducing the Adaptation Benefits Mechanism.
Join us and discover the reasons why adaptation finance is barely flowing to Africa.
#COP27 MDB Pavilion or watch live:https://t.co/CTGls60SUB
Live at #AfricaClimateWeek:
@AfDB_Group@ABMechanism presentation.
ABM is a non-market results-based financing mechanism for mobilizing public and private sector finance for enhanced resilience of vulnerable communities and ecosystems.
Tent - L'EAU
NOW!
Today’s @afdb_group#AfricaClimateWeek agenda includes:
➡️ Mobilizing private sector finance for adaptation through certifying the benefits of adaptation action
➡️ Enabling faster and efficient NDC support through Advocacy and Partnerships
Details: https://t.co/k8jIiUpfFJ
(4/4) This event will bring together diverse stakeholders to share the best practices and lessons learned so far from the ABM Pilot Phase of the @AfDB_Group and discuss the first proposed ABM methodologies.
Watch live: https://t.co/YpdIGVIJGR
#AfricaClimateWeek
(2/4) The current levels of adaptation finance are insufficient to meet the adaptation needs of developing countries.
The involvement of the private sector to overcome the adaptation finance and implementation gap for adaptation is crucial.
#AfricaClimateWeek#ClimateChange
(3/4) ABM is a non-market results-based financing mechanism for mobilizing public and private sector finance for enhanced resilience of vulnerable communities and ecosystems. It contributes to closing the methodological gap for robust and environmentally sound adaptation metrics.
@dalhamdou of @AfDB_Group:
We have to ensure that when there is lack of rain our African farmers are still able to produce.
That's why we finance national and regional programs to build drought resilience.
#AfricaClimateWeek
Dr @omniaelomrani1, #COP27 President’s Youth Envoy is on ground at #AfricaClimateWeek for numerous youth-led and focused engagements including on gender finance and adaptation, on the run up to COP27.
About 86 million people in sub-Saharan Africa and 19 million in North Africa could become internal migrants by 2050 due to devastating climate shocks such as powerful storms, heatwaves and drought, and major flooding
#AfricaClimateWeek#ClimateActionNow#AfricaCOP27
It was very pleasing indeed to reconnect this week during an in-person meeting with colleagues of the Executive Committee of the @ABMechanism. One of the observers of the meeting said in his feedback remark “Something big is in the making here about #ClimateAdaptation in #Africa”