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Namibia has placed more weight on agriculture and forestry as key sectors in which carbon credits can be traded in Namibia, as agricultural practices, such as conservation tillage and soil carbon sequestration, can remove carbon from the atmosphere and store it in the soil.
Thanks in part to research and communications from WRI’s ACT2025 consortium, developed countries agreed at the UN climate summit (COP27) to establish a fund for helping developing countries address “losses and damages,” the impacts of climate change that are so severe they cannot be prevented or adapted to.
On May 11, 2022, Global Affairs Canada announced $46.5 million in funding for 15 projects in the Middle East, Central Asia and Africa. These projects, funded through the Peace and Stabilization Operations Program and the Counter-Terrorism Capacity Building Program, are aligned with the civilian lines of effort of the Global Coalition against Daesh.
For the UN climate summit (COP27) taking place in Egypt in November 2022, the stakes could not be higher for vulnerable countries — particularly as COP26 failed to meet their needs.