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African Dev Bank backs young agripreneurs to beat climate change

GLOBAL BUSINESS African Dev Bank backs young ‘agripreneurs’ to beat climate change Farmers harvest maize crop facilitated by the Safaricom DigiFarm App, that helps agribusinesses and small holding farmers to share information and transact easily, in Sigor village of Bomet County, Kenya. Photo: Reuters/FILE Reuters, Barcelona Reuters, Barcelona The African Development Bank plans to deploy billions of dollars to help young people build a new digitally-driven model of agriculture that can feed the continent s people and boost prosperity even as the planet heats up, its president said. At a global summit this week, the bank and the Global Center on Adaptation announced an initiative to strengthen African efforts to become more resilient to extreme weather and rising seas, threats worsened by fast-accelerating climate change.

Step up adaptation to climate change now or risk enormous toll , scientists warn

6 Min Read BARCELONA (Thomson Reuters Foundation) - More than 3,000 scientists on Friday called for a far bigger global push to protect people and nature from the effects of a heating planet, even as researchers estimated funding to adapt to climate change has dropped because of the COVID-19 pandemic. In a statement, the scientists - including five Nobel laureates - warned that a failure to respond to rising climate risks, as governments try to revive their economies from coronavirus woes, would have severe consequences, especially for the poorest. “Unless we step up and adapt now, the results will be increasing poverty, water shortages, agricultural losses and soaring levels of migration with an enormous toll on human life,” the scientists from nearly 120 countries wrote ahead of a global summit on adaptation next week.

INTERVIEW-African Development Bank backs young agripreneurs to beat climate change

INTERVIEW-African Development Bank backs young agripreneurs to beat climate change Reuters 1/29/2021 By Megan Rowling BARCELONA, Jan 29 (Thomson Reuters Foundation) - The African Development Bank plans to deploy billions of dollars to help young people build a new digitally-driven model of agriculture that can feed the continent s people and boost prosperity even as the planet heats up, its president said. At a global summit this week, the bank and the Global Center on Adaptation announced an initiative to strengthen African efforts to become more resilient to extreme weather and rising seas, threats worsened by fast-accelerating climate change. The African Development Bank plans to put half of its climate finance towards the initiative - $12.5 billion between now and 2025 - and raise an equal amount from donor governments, the private sector and international climate funds.

Climate summit aims to jump-start adaptation and resilience

Climate summit aims to jump-start adaptation and resilience
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Africa to scale up and accelerate climate change adaptation

Africa to scale up and accelerate climate change adaptation By Otiato Opali in Nairobi, Kenya | chinadaily.com.cn | Updated: 2021-01-28 20:26 Akinwumi Adesina, left, president of the African Development Bank, addresses the CAS 2021 opening session. [Photo provided to chinadaily.com.cn] During the Climate Adaptation Summit 2021 hosted by the government of the Netherlands and the Global Center on Adaptation, Akinwumi Adesina, president of the African Development Bank, announced the launch of the Africa Adaptation Acceleration Program to mobilize $25 billion to scale up and accelerate climate change adaptation actions across Africa. In his virtual remarks, Adesina described the ongoing impact of climate change on Africa s development, as well as the AfDB s initiatives to tackle this challenge. As the leading source of funding for climate action in Africa, the bank s head called for stronger partnerships and urged governments of developed countri

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