COP27: As countries announce adaptation funding support for Africa, report says more is needed
Data from a recently released report by the Global Centre on Adaptation (GCA) shows that between January and September, 2021, more than 54 million people were affected by disasters linked to storms, droughts, wildfires, floods, and landslides in Africa.
Temperatures are also increasing across all regions of the continent and it is warming faster than the global average over land and sea.
Meanwhile, to mitigate these biting effects, the report says Africa needs $52.7 billion annually in adaptation funds by 2030.
The report, which is titled: “States and Trends in Adaptation Report 2022,” noted that current annual spending on adaptation across all of Africa is $11.4 billion, representing about 39 percent of the total climate finance committed to the continent annually.
This amount, GCA notes, is far short of what is needed.
