{"id":3237,"date":"2021-01-27T19:49:28","date_gmt":"2021-01-27T19:49:28","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/?p=3237"},"modified":"2021-01-27T17:30:40","modified_gmt":"2021-01-27T17:30:40","slug":"african-development-bank-launches-an-accelerated-climate-change-initiative","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/african-development-bank-launches-an-accelerated-climate-change-initiative","title":{"rendered":"African Development Bank launches an accelerated climate change initiative"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/south-africa\">South-Africa<\/a>. <\/strong><\/span>AFRICAN Development Bank President Akinwumi Adesina has launched the Africa Adaptation Acceleration Programme (AAAP) to mobilise $25 billion (about R378bn) to scale up and accelerate climate change adaptation actions across Africa.<\/p>\n<p>The announcement came during the Climate Adaptation Summit (CAS) 2021 on Monday, hosted by the government of the Netherlands and the Global Centre on Adaptation.<\/p>\n<p>The AAAP, an initiative between the African Development Bank and the Global Center on Adaptation, was expected to scale up transformative actions on climate adaptation across Africa, Adesina said during the inaugural Ministerial Dialogue on Adaptation Action, held as part of the summit.<\/p>\n<p>\u201cOur ambition is bold: to galvanise climate resilience actions; support countries to accelerate and scale up climate adaptation and resilience; and mobilize financing at scale for climate adaptation in Africa,\u201d he said.<\/p>\n<p>Adesina was joined in the summit by Netherlands Prime Minister Mark Rutte, 8th UN Secretary-General Ban Ki Moon, current UN Secretary-General Antonio Guterres, UK Prime Minister Boris Johnson, Germany\u2019s Chancellor Angela Merkel, Canada\u2019s Prime Minister Justin Trudeau and India\u2019s Prime Minister Narendra Modi.<\/p>\n<p>World Bank president David Malpass and IMF managing director Kristalina Georgieva also spoke. The Covid-19 crisis formed a backdrop to the meeting.<\/p>\n<p>\u201cI hope that 2021 will be a year of heightened international ambition and action on climate change, after a difficult 2020, and this conference will help achieve that goal,\u201d Rutte said.<\/p>\n<p>Acknowledging the \u201chuge gaps\u201d remaining in financing for adaptation in developing countries, Guterres called for 50 percent of all climate finance provided by developed countries and multilateral development Banks to be allocated to adaptation and resilience in developing countries, adding that: \u201cThe African Development Bank set the bar in 2019 by allocating over half its climate financing to adaptation.\u201d<\/p>\n<p><b>BUSINESS REPORT<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Africa. AFRICAN Development Bank President Akinwumi Adesina has launched the Africa Adaptation Acceleration Programme (AAAP) to mobilise $25 billion (about R378bn) to scale up and accelerate climate change adaptation actions across Africa. The announcement came during the Climate Adaptation Summit (CAS) 2021 on Monday, hosted by the government of the Netherlands and the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":3236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[274,315,275],"class_list":["post-3237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>African Development Bank launches an accelerated climate change initiative - South Africa<\/title>\n<meta name=\"description\" content=\"AFRICAN Development Bank President Akinwumi Adesina has launched the Africa Adaptation Acceleration Programme (AAAP) to ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/african-development-bank-launches-an-accelerated-climate-change-initiative\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"African Development Bank launches an accelerated climate change initiative\" \/>\n<meta property=\"og:description\" content=\"AFRICAN Development Bank President Akinwumi Adesina has launched the Africa Adaptation Acceleration Programme (AAAP) to ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/african-development-bank-launches-an-accelerated-climate-change-initiative\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-27T19:49:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/01\/img-6011a324c09e9.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"404\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/african-development-bank-launches-an-accelerated-climate-change-initiative#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/african-development-bank-launches-an-accelerated-climate-change-initiative\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"African Development Bank launches an accelerated climate change initiative\",\"datePublished\":\"2021-01-27T19:49:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/african-development-bank-launches-an-accelerated-climate-change-initiative\"},\"wordCount\":298,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/african-development-bank-launches-an-accelerated-climate-change-initiative#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/01\/img-6011a324c09e9.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/african-development-bank-launches-an-accelerated-climate-change-initiative#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/african-development-bank-launches-an-accelerated-climate-change-initiative\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/african-development-bank-launches-an-accelerated-climate-change-initiative\",\"name\":\"African Development Bank launches an accelerated climate change initiative - 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