This book explains complex environment of climate finance in Africa, emphasizing the critical need for financial resources to reduce the effects of climate change in the region. It investigates specific obstacles that African countries face when seeking climate funding such as poor financial institutions and lack of technical experience. It offers practical options for closing the climate financing gap, pushing for stronger legislative frameworks, capacity-building programs, and the possible alternative sources. Key Features Addresses timely and relevant issues about existing gaps and future…mehr
This book explains complex environment of climate finance in Africa, emphasizing the critical need for financial resources to reduce the effects of climate change in the region. It investigates specific obstacles that African countries face when seeking climate funding such as poor financial institutions and lack of technical experience. It offers practical options for closing the climate financing gap, pushing for stronger legislative frameworks, capacity-building programs, and the possible alternative sources. Key Features Addresses timely and relevant issues about existing gaps and future sustainable climate finances in Africa. Reviews the existing impact of climate change, such as floods, droughts, food security, issues of sustainable development goals, issues of funds, policies, and others. Includes the strengths and weaknesses of climate change mitigation and adaptation in Africa. Underlines the importance of increased public and private investment, new financing arrangements, and stronger international cooperation in fulfilling Africa's climate finance needs. Emphasizes the exploration of innovative financing mechanisms. This book is aimed at researchers and graduate students in climatology, environmental sciences, policymakers, climate activists, and other stakeholders in climate research.
Meseret Dawit Teweldebrihan is an advisor, climate, and adaptation expert working in multi-sectoral environments for more than ten years. She is an independent researcher and has taken leadership in different climate relevant projects for more than seven years. Dr. Meseret has solid experience in turning the most challenging experiences into the best achievements of her professional career to benefit her community. She works as a consultant and is involved in different projects. Dr. Meseret's work is mainly on climate change with gender-sensitive, hydrology, irrigation optimization, socio-hydrology, hydraulic engineering, GIS, land and water development, and related fields. Meseret's PhD thesis dissertation titled "Optimizing Irrigation Efficiency of Surface-Groundwater with respect to Climate Change and Gender-Sensitive," and MSc degree in Water Science Engineering (specialization in Hydraulic Engineering Land and Water Development) from the UNESCO-IHE, Delft, the Netherlands, in 2014. She obtained a BSc degree in Soil and Water Engineering and Management from Haramaya University, Ethiopia, in 2011. She has published more than 24 journal articles in accredited publications. Megersa Olumana Dinka is a graduate with a PhD from the University of Natural Resources and Applied Life Science (Vienna) in 2010. He also did postdoctoral research at Tshwane University of Technology (2012-2014). He has an MSc in Irrigation Engineering from Arba Minch University (Ethiopia). He has more than 18 years of experience as an academician and about 22 years of experience as a researcher. Currently, he is the Full Professor and Head of the Department of Civil Engineering Science at University of Johannesburg. He has expert knowledge in water resource engineering discipline specific to hydrology, hydraulics, and water management aspects. He has taught various courses and modules at undergraduate and postgraduate levels successfully. Currently, he is teaching hydrology, hydraulics, and water treatment technology modules at the University of Johannesburg. Moreover, he also supervised a number of postgraduate students (32 MSc and 10 PhD) successfully. He has published more than 70 journal articles, 2 books, 10 book chapters, and 20 conference proceedings in accredited publications.
Inhaltsangabe
Contents Preface ix Acknowledgements xi About the Authors xiii Acronyms xv 1 Introduction to the Climate Change and Climate Financing 1 1.1 Introduction to Climate Finance in the Globe 1 1.1.1 The Global Landscape of Climate Vulnerability and Climate Finance Options 2 1.2 Introduction to the Climate Finance in Africa and Developing Countries 3 1.2.1 Overview of Climate Change and Climate Finance 8 1.2.2 Global Warming/Climate Change: An Increasing Threat 9 1.2.3 Building Resilience through Climate Finance 14 1.2.4 Africa's Climate Finance Challenge: A Funding Gap Threatens Progress 15 1.2.5 Challenges Hinder Africa's Access to Climate Finance 17 1.2.6 The Urgency of Bridging the Climate Finance Gap in Africa 19 1.3 Conclusion 20 2 The Landscape of Climate Financing in Africa 25 2.1 Introduction 25 2.2 Climate Vulnerability 26 2.3 Financial Flows for Climate Action: A Broader Perspective 29 2.3.1 Challenges in Estimating Climate Finance Flows 29 2.4 The LDF 31 2.4.1 The Power of Money and Measurement in Combating Climate Change 34 2.4.2 Value Chains for Sustainable Forest Management: The Power of Directives and Guidelines 34 2.5 Climate Action in Africa 35 2.6 Climate Finance Mechanisms in Africa and Developing Countries 39 2.6.1 Climate Finance Flow and Accountability 40 2.6.2 Climate Fund Disbursement Rates 41 2.6.3 Completion Rate of Climate Finance Projects 42 2.7 Conclusion 43 3 Status Quo of African Countries on Climate Financing 47 3.1 Introduction 47 3.2 Ratification of Global Environmental Agreements 49 3.3 Framework for Climate-Resilient Health: Prioritizing People and Equity 50 3.4 Implementation of National Policies and Strategies 51 3.5 Ambition and Plans on Climate Financing the Case of Ethiopia 52 3.5.1 Climate Change Threatens Ethiopia's Middle-Income Goals 52 3.5.2 Ethiopia's Ambitious Climate Action Plan 53 3.5.3 The Need of Building Technical Capacity for Climate Finance Mobilization 56 3.6 Climate Finance Project Implementation and Tracking 57 3.6.1 Climate Change Adaptation Project Monitoring and Tracking 59 3.6.2 Climate Change Mitigation Projects Monitoring and Tracking 60 3.6.3 Public and Private Climate Finance Projects Tracking and Follow-Ups 64 3.7 Conclusion 65 4 The Capacity of Climate Financing in Africa 69 4.1 Introduction 69 4.2 Climate Response Facility in Africa 70 4.3 The Opportunities and Challenges 70 4.4 Climate Financing in Africa 73 4.4.1 Barriers to Climate Fund Access: Proposal Issues for Africa's Development 73 4.4.2 Climate Financed Project Application Guides 74 4.4.3 Structures and Procedures for Climate Finance Project Applications 75 4.4.4 Building Capacity for Effective Climate Finance in Africa 76 4.4.5 Guides and Support for Successful Climate Negotiations 78 4.5 The Milestones Made and the Hindrances 79 4.5.1 COP 28: A Mixed Bag of Financial Commitments 80 4.5.2 The COP28 Outcomes 82 4.5.3 The COP29 Outcomes and Expectations 83 4.6 Conclusion 84 5 Climate Financing Case Studies 88 5.1 Introduction 88 5.2 The Strengths and Weaknesses of Climate Change Mitigation and Adaptation 89 5.3 How Different Technologies Used to Facilitate Climate Finance 91 5.4 Gender and Marginalized Groups' Contribution to Climate Finance 95 5.5 Climate Finance Mechanisms Focusing in Africa and Developing Countries 98 5.6 Overview and Impacts of Climate Finance Projects in Africa 99 5.7 Conclusion 101 6 Recommendation and Future Perspectives in Effective Climate Financing 105 6.1 Recommendations 105 6.2 Effective Climate Funding 110 6.3 Future Perspectives 112 Index 116
Contents Preface ix Acknowledgements xi About the Authors xiii Acronyms xv 1 Introduction to the Climate Change and Climate Financing 1 1.1 Introduction to Climate Finance in the Globe 1 1.1.1 The Global Landscape of Climate Vulnerability and Climate Finance Options 2 1.2 Introduction to the Climate Finance in Africa and Developing Countries 3 1.2.1 Overview of Climate Change and Climate Finance 8 1.2.2 Global Warming/Climate Change: An Increasing Threat 9 1.2.3 Building Resilience through Climate Finance 14 1.2.4 Africa's Climate Finance Challenge: A Funding Gap Threatens Progress 15 1.2.5 Challenges Hinder Africa's Access to Climate Finance 17 1.2.6 The Urgency of Bridging the Climate Finance Gap in Africa 19 1.3 Conclusion 20 2 The Landscape of Climate Financing in Africa 25 2.1 Introduction 25 2.2 Climate Vulnerability 26 2.3 Financial Flows for Climate Action: A Broader Perspective 29 2.3.1 Challenges in Estimating Climate Finance Flows 29 2.4 The LDF 31 2.4.1 The Power of Money and Measurement in Combating Climate Change 34 2.4.2 Value Chains for Sustainable Forest Management: The Power of Directives and Guidelines 34 2.5 Climate Action in Africa 35 2.6 Climate Finance Mechanisms in Africa and Developing Countries 39 2.6.1 Climate Finance Flow and Accountability 40 2.6.2 Climate Fund Disbursement Rates 41 2.6.3 Completion Rate of Climate Finance Projects 42 2.7 Conclusion 43 3 Status Quo of African Countries on Climate Financing 47 3.1 Introduction 47 3.2 Ratification of Global Environmental Agreements 49 3.3 Framework for Climate-Resilient Health: Prioritizing People and Equity 50 3.4 Implementation of National Policies and Strategies 51 3.5 Ambition and Plans on Climate Financing the Case of Ethiopia 52 3.5.1 Climate Change Threatens Ethiopia's Middle-Income Goals 52 3.5.2 Ethiopia's Ambitious Climate Action Plan 53 3.5.3 The Need of Building Technical Capacity for Climate Finance Mobilization 56 3.6 Climate Finance Project Implementation and Tracking 57 3.6.1 Climate Change Adaptation Project Monitoring and Tracking 59 3.6.2 Climate Change Mitigation Projects Monitoring and Tracking 60 3.6.3 Public and Private Climate Finance Projects Tracking and Follow-Ups 64 3.7 Conclusion 65 4 The Capacity of Climate Financing in Africa 69 4.1 Introduction 69 4.2 Climate Response Facility in Africa 70 4.3 The Opportunities and Challenges 70 4.4 Climate Financing in Africa 73 4.4.1 Barriers to Climate Fund Access: Proposal Issues for Africa's Development 73 4.4.2 Climate Financed Project Application Guides 74 4.4.3 Structures and Procedures for Climate Finance Project Applications 75 4.4.4 Building Capacity for Effective Climate Finance in Africa 76 4.4.5 Guides and Support for Successful Climate Negotiations 78 4.5 The Milestones Made and the Hindrances 79 4.5.1 COP 28: A Mixed Bag of Financial Commitments 80 4.5.2 The COP28 Outcomes 82 4.5.3 The COP29 Outcomes and Expectations 83 4.6 Conclusion 84 5 Climate Financing Case Studies 88 5.1 Introduction 88 5.2 The Strengths and Weaknesses of Climate Change Mitigation and Adaptation 89 5.3 How Different Technologies Used to Facilitate Climate Finance 91 5.4 Gender and Marginalized Groups' Contribution to Climate Finance 95 5.5 Climate Finance Mechanisms Focusing in Africa and Developing Countries 98 5.6 Overview and Impacts of Climate Finance Projects in Africa 99 5.7 Conclusion 101 6 Recommendation and Future Perspectives in Effective Climate Financing 105 6.1 Recommendations 105 6.2 Effective Climate Funding 110 6.3 Future Perspectives 112 Index 116
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