Africa’s Climate Finance Gap Is Holding Back Proven Local Solutions
Posted inGreen Finance

Africa’s Climate Finance Gap Is Holding Back Proven Local Solutions

Africa has no shortage of locally driven climate solutions, from agroforestry and mangrove restoration to clean-energy and conservation enterprises. But limited access to reliable, long-term finance is preventing many proven initiatives from scaling, putting the spotlight on adaptation finance, loss and damage and reform of the global financial system ahead of UNGA 81.
East African Farmers Set for KES 25.8 Billion Climate Investment Boost
Posted inGreen Finance

East African Farmers Set for KES 25.8 Billion Climate Investment Boost

East African smallholder farmers and rural businesses are set to benefit from a $200 million (KES 25.8 billion) climate financing mechanism launched by Equity Group and IFAD. The ARCAFIM programme will support irrigation, water harvesting, climate-resilient agriculture, storage, renewable energy and other investments across Kenya, Uganda, Tanzania and Rwanda, targeting about 260,000 producers and 500 rural enterprises.