AAAP Wins Nationally Determined Contributions Investment Award at UNGA

Related Articles

Here are three short SEO titles for the article:

AAAP Wins Top NDC Adaptation Award at UNGA

Africa Adaptation Acceleration Programme Secures $25 Billion Goal

Youth Empowerment in Climate Adaptation: AAAP’s $5.5 Million Investment


    BY SHEKWOPEYELO

    The Africa Adaptation Acceleration Programme (AAAP) received the “Best Investable NDC Adaptation Investment Initiative of the Year” award at the 2024 African NDC Investment Awards, held alongside the United Nations General Assembly in New York.

    Recognition of Groundbreaking Efforts

    Dr. Anthony Nyong, Director of Climate Change and Green Growth at the African Development Bank (AfDB), accepted the award. He stated, “This recognition highlights the AAAP’s incredible impact on climate adaptation across Africa.”

    Mobilizing Climate Adaptation Funds

    Launched in 2021 by AfDB and the Global Centre on Adaptation (GCA), the AAAP aims to mobilize $25 billion by 2025 for transformative climate actions. To date, it has secured $12.5 billion, with $9.22 billion mobilized by the end of 2023.

    Impact Across Africa

    The AAAP integrates climate adaptation initiatives into 38 AfDB operations across 41 countries, benefiting millions in sectors like agriculture, water, and urban development. Its focus on youth entrepreneurship has supported 41 climate innovators in 20 African nations with a $5.5 million investment.

    Addressing Food Security and Resilient Infrastructure

    The AAAP has launched 17 projects improving food resilience for 9.4 million people in the Sahel, Horn of Africa, and Zambezi regions. It has also initiated 28 projects in 23 countries to enhance community resilience against climate shocks.

    Encouraging Global Partnerships

    Richard Uku, Director of External Affairs at GCA, emphasized the importance of collaboration: “This award shows that partnerships can achieve scale and speed in climate adaptation efforts.”

    The AAAP sets a benchmark for climate adaptation initiatives in Africa and serves as a model for potential implementation in other regions.

    More on this topic

    Comments

    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Oldest
    Newest Most Voted
    Inline Feedbacks
    View all comments
    Advertismentspot_img

    Popular stories

    0
    Would love your thoughts, please comment.x
    ()
    x