Several African Countries Compete for Climate Funds
Kenya is among several African countries fighting tooth and nail to secure funds aimed at lessening the gravity of climate change. The Sh10 trillion is up for grabs by developing countries, as the Paris Agreement is set to enter into force.
The European Parliament voted on October 4 to ratify the Paris Agreement. The ratification document was deposited the same week at the UN, which will enable the Paris Agreement to take effect 30 days later – in time for COP22 in Marrakech, Morocco. This means developing countries will get $100 billion (Sh10.1 trillion) climate funding every year until 2025. The funds will help turn the world into a zero-carbon, climate-resilient future.
The National Environment Management Authority has urged organisations to submit proposals to secure funds towards mitigating and adapting to climate change.
CIAT