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The Sustainable Energy Fund for Africa (SEFA) has extended a $1 million grant to help accelerate African countriesâ transition to flexible green grids and other clean power solutions ahead of the 2021 United Nations Climate Change Conference, COP26, scheduled to be held later this year.
The technical assistance grant, sourced through a SEFA Rapid Response Facility, will enable up to five African countries participating in a COP26 Energy Transition Council process to assess potential gaps in policy, regulatory and institutional frameworks; develop approaches to increase the contribution of grid-connected renewable energy generation; as well as identify financing mechanisms.
/PRNewswire/ As a next step in advancing its commitment to corporate responsibility and sustainable investing, American Century Investments, a $230 billion .
The RTI study calls for immediate steps to counter the problem.
An increased investment of $25.5 billion annually, delivered with a comprehensive investment strategy from global and local policymakers and decision makers, could potentially offset the negative impacts of climate change, the authors of the study found.
The study, conducted by RTI International, the United States Department of Agriculture’s Agricultural Research Service (USDA-ARS), and the International Food Policy Research Institute (IFPRI), found that climate change and population growth, and now a global pandemic, disrupted food systems.
“Climate change exacerbates the pressures on food systems to deliver healthy diets to everyone but investing in food systems can reduce the years lost that we project,” said Timothy Sulser, Senior Scientist at IFPRI, in a statement.