By Megan Rowling, BRACED
BARCELONA - The World
Bank aims to drive more funding into efforts to help African countries
withstand climate change impacts and boost their clean energy production
through a $16 billion plan revealed on Tuesday.
The "Africa Climate Business Plan" lays out investments to
make the continent's people, land, water and cities more resilient to droughts,
floods, storms and rising seas, increase access to green energy, and strengthen
early warning systems.
World Bank Group
President Jim Yong Kim said sub-Saharan Africa is "highly vulnerable to
climate shocks", which could have deep effects on everything from child
stunting to malaria and food price increases.
"This plan
identifies concrete steps that African governments can take to ensure that
their countries will not lose hard-won gains in economic growth and poverty
reduction, and they can offer some protection from climate change," he
added in a statement.
The plan outlines
measures for "fast-tracking" adaptation to climate change, costing
almost $10.7 billion from 2016 to 2020.
Effects of floods in Banawa District, Kaduma, Nigeria.REUTERS/Stringer |
They include helping some
10 million farmers adopt resource-efficient techniques and hardier crop
varieties, improving water management in the Niger, Lake Chad and Zambezi
basins, reducing coastal erosion, strengthening flood protection, and restoring
degraded land and forests.
The African region
requires $5 billion to $10 billion per year to prepare for global warming of 2
degrees Celsius, the plan said, an amount that could rise to $20 billion to $50
billion by mid-century.
But experts say pledges
from some 170 countries to curb their planet-warming emissions would still
permit global average temperatures to increase between 2.7 and 3.7 degrees from
pre-industrial times, suggesting adaptation costs will be higher.
Levels of funding for
adaptation in Africa today amount to an annual $3 billion at most, "which
is negligible considering the needs", the World Bank plan said.
PARIS PRIORITY
Ahead of U.N. climate
talks in Paris from Monday, tasked with agreeing a new global deal to curb
global warming, the bank said its plan's emphasis on climate adaptation fitted
priorities expressed by African states in their national action plans submitted
as a basis for the deal.
Read the full story at Building
Resilience and Adaptation to Climate Extremes and Disasters (BRACED.
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