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Panel Discusses How to Enable Direct Access to Climate Funds
January 26, 2017
"Out of US $331 billion of global climate finance flows in 2014, only 3.6% went to Africa. If only 3.6%, despite Africa's vulnerability to climate change, something must be wrong". This, according to Luc Gnacadja, Special Representative for the Board of the Local Climate Adaptive Living Facility (LoCAL).
During a panel discussion on Thursday, November 10, 2016 at the Africa Pavilion during the UN Climate Talks (COP22) in Marrakech, participants discussed the challenges involved in accessing climate finance from international funds.
The panel was convened in collaboration by the World Resources Institute (WRI), the Centre de Suivi Ecologique, and the African Development Bank, and moderated by Louise Helen Brown, Coordinator of the Africa Climate Change Fund, a fund hosted by the AfDB which is supporting several African countries to strengthen their capacities to access international climate funds.