Climate Finance to Take Centre Stage at CAAF24 Webinar

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By Aduragbemi Omiyale

On Thursday, February 29, 2024, a diverse group of experts and stakeholders will gather to explore the successes and challenges of climate finance in Africa, paving the way for a more sustainable future.

The platform providing this opportunity is the CAAF24 Webinar put together by Climate Action Africa (CAA).

The CAAF24 Pre-Event Webinar fosters critical dialogue and collaboration.

Attendees will gain valuable insights from data-driven presentations offering a comprehensive overview of the African climate finance landscape, and expert panel discussions featuring project leaders, policymakers, and finance specialists sharing real-world case studies and practical recommendations.

Finally, there will be an engaging Q&A session that will provide an opportunity to interact with the esteemed panellists and delve deeper into key issues.

It was gathered that the programme, which is open for registration, will take place on LinkedIn from 11:00 am to 1:00 pm WAT (UTC+1).

Moderators bringing diverse perspectives include Collins Otieno, Climate Change Policy & Development Practitioner and Lead, Climate Finance and Innovations (VCA), Hivos; Sandra Guzmán Luna, Low Carbon Development & Climate Finance Specialist and Founder, GFLAC; Otito Nwaigwe-Chukwu, ESG Consultant & Climate Finance Specialist, Senior Consultant, EarnMore Consultants and Luke Moore, Climate Finance, Adaptation, and Programme Design Specialist, Associate, Zest Associates.

“Africa stands at the crossroads of climate action and development. While rich in renewable energy resources and youthful population, it grapples with climate change and socio-economic challenges,” the co-founder and executive director of CAA, Ms Grace Oluchi Mbah, said.

Despite abundant renewable energy resources and a vibrant young population, climate ambitions are hampered by a funding gap in Africa.

To achieve the 1.5°C global warming target, Africa requires $2.8 trillion in climate finance by 2030. Current flows fall short, hindering progress towards development goals.

It is believed that this webinar comes at a critical moment, particularly with the next round of Nationally Determined Contributions (NDCs) due in 2025.

By fostering knowledge sharing, collaboration, and action, the event aims to equip stakeholders with the tools and strategies needed to mobilize resources and bridge the climate finance gap, build capacity and expertise across the continent and secure a climate-smart future for Africa and its people.

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