Adaptation Benefits Mechanism (ABM)

Innovative mechanism developed by @AfDB_Group to mobilize new & additional public and private sector finance for enhanced #ClimateChange adaptation action

[Adaptation Benefits Mechanism (ABM) @ABMechanism]

(1/4) @ABMechanism will be presented at #AfricaCIimateWeek. Join the side event:
📆 1 September
⏰ 9:00 WAT
📍 L'eau - Tent, Libreville, Gabon

[Adaptation Benefits Mechanism (ABM) @ABMechanism]

@soniaborrini @PerspectivesCC @AxelMichaelowa Live from #Innovate4Climate: @PerspectivesCC @AxelMichaelowa explains the results-based Adaptation Benefits Mechanism (ABM).

Follow us for more details on ABM!

[Sonia for Climate @soniaborrini]

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

[Sonia for Climate @soniaborrini]

Live at #Innovate4Climate: workshop on Implementing Article 6.8 of the Paris Agreement

More info about the Adaptation Benefits Mechanism: https://t.co/rbIlAFeMFG

[Sonia for Climate @soniaborrini]

Do you want to know more about @ABMechanism ?
Join our #COP27 session NOW!
@LucGnacadja is moderating.

We are at MDB Pavilion.
#AfricaCOP27

[Adaptation Benefits Mechanism (ABM) @ABMechanism]

"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

[Sonia for Climate @soniaborrini]

Live at #COP27 Francophonie Pavilion!
Let's talk about adaptation!

@AfDB_Group @ABMechanism
With @ACYamadjako and @LucGnacadja
#AfricaCOP27

[Sonia for Climate @soniaborrini]

You can join the discussion online:
https://t.co/FCVKuOhKoH

#AfricaClimateWeek @ABMechanism

[Sonia for Climate @soniaborrini]

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!

[African Development Bank Group @AfDB_Group]

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

[Adaptation Benefits Mechanism (ABM) @ABMechanism]

(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

[Adaptation Benefits Mechanism (ABM) @ABMechanism]

(1/4) @ABMechanism will be presented at #AfricaCIimateWeek. Join the side event:
📆 1 September
⏰ 9:00 WAT
📍 L'eau - Tent, Libreville, Gabon

[Adaptation Benefits Mechanism (ABM) @ABMechanism]

(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

[Adaptation Benefits Mechanism (ABM) @ABMechanism]

(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.

[Sonia for Climate @soniaborrini]

@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

[COP27 @COP27P]

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.

[Sonia for Climate @soniaborrini]

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

[Mr. Climate @OlumideIDOWU]

An emphasis on ambitions, innovation, and partnerships that will propel #ClimateAction in Africa is also included.

#ACW2022 #Youth4ClimateAction #COP27

[Luc Gnacadja @LucGnacadja]

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”

[Sonia for Climate @soniaborrini]

#Innovate4Climate @ClimaLoop of @ALLCOTGROUP ends @ABMechanism workshop with a powerful quote:
#ClimateChange for us in the islands is not an abstract thing. It's real and it's lived every single day...[1/2]

[Adaptation Benefits Mechanism (ABM) @ABMechanism]

Live at #Innovate4Climate. @ALLCOTGROUP workshop on @ABMechanism.
If you want to know more about ABM visit our website: https://t.co/OmHhk5mk1i