By Elias Hakizimana
Experts from UN environment and UNDP have started building capacity for climate change adaptation financing in African developing countries.
It is through the two 4-day training workshops on “Adaptation Finance” for the African region, one for Anglophone and one for francophone countries. The trainings will take place from 25-28 September 2018 and 1-4 October 2018 respectively, in Kigali, Rwanda in collaboration with Rwanda Environment Management Authority (REMA), Rwanda Convention Bureau (RCB) and the Center for Governance and Human Security Studies.
The experts say the majority of the African countries acknowledge climate change adaptation as a priority in their nationally determined contributions (NDCs) under the Paris Agreement and have already integrated climate change in their national development strategies.
A few African countries are also engaged in a medium- to long-term national adaptation planning (NAPs).
However, taking action to adapt and become resilient requires access to support via variety of sources, including the private sector, which is now limited.
They say that one of the reasons for that, is the lack of endogenous capacity to prepare bankable climate change adaptation project proposals and design innovative financial schemes to support the implementation of NDCs and NAPs.
In response to this need, the training has two main objectives namely strengthening the capacity of national experts to develop bankable climate change adaptation proposals and enhancing understanding of the requirements for access to various sources of finance.
“Financing climate change adaptation effectively requires an understanding of the specific national adaptation landscape, knowledge of key conditions for access to various sources of finance and the ability to prepare fundable adaptation projects. Potential funding sources mainly include the Green Climate Fund (GCF), Global Environment Facility (GEF) and the Adaptation Fund (AF),” said Jessica Troni, Adaptation Portfolio Manager at United Nations Environment Programme.
She said that the Global Environment Facility (GEF)-funded National Adaptation Plan Global Support Programme (NAP-GSP) that is implemented jointly by UN Environment and UNDP will give $4 million to 48 least developed countries to develop national adaption plans with which they can mobilize funds for urgent and immediate adaptation needs.
Faustin Munyazikwiye, DDG at REMA said besides policies such as Green Growth Strategy, financing should be leveraged for implementation stressing that, for instance, Rwanda Green Fund has so far mobilized over $100 million for different green projects including those on adaptation to climate change effects.
“This training will help countries to know how to seek funding for planning adaptation projects,” he said and added, “This is an urgent need for us to strengthen our immediate and longer-term ability to access to adaptation financing, so we can plan our adaption activities and build resilience”.
2,061 total views, 1 views today