https://www.engineeringnews.co.za
Environment|Gas|Hydropower|Power
Environment|Gas|Hydropower|Power
environment|gas|hydropower|power

World Bank doubles pledge for climate adaptation, mitigation in Africa

14th March 2019

By: Bloomberg

  

Font size: - +

The World Bank will more than double its commitment to climate adaptation and mitigation in Africa over the next five years to $22.5-billion.

“This region is particularly vulnerable to increasing floods, droughts and destructive storms,” World Bank Group Interim President Kristalina Georgieva said in an emailed statement Wednesday. “We have to do more and do it faster, or millions of people could be plunged into poverty” due to the effects of climate change.

Despite contributing 4% of the global greenhouse-gas emissions, more than 65% of the continent’s population is directly impacted by climate change, according to the United Nations Economic Commission for Africa.

Georgieva is in Kenya’s capital, Nairobi, for the One Planet Summit that’s convened by Kenyan President Uhuru Kenyatta, French President Emmanuel Macron and Amina Mohammed, deputy secretary-general of the United Nations and a former Nigerian environment minister.

The World Bank and KTDA Power, a unit of Kenya Tea Development Agency will on Thursday sign an emission-reduction purchase agreement to buy carbon credits from smaller hydropower plants.

Edited by Bloomberg

Comments

Showroom

Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 
Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/04/2024)
26th April 2024 By: Martin Creamer
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.074 0.128s - 138pq - 2rq
Subscribe Now