The United Kingdom says it will be announcing 49 million pounds worth of investment in projects to fight climate change in Africa.
This is contained in a statement signed by Ndidiamaka Eze, Senior Press and Public Affairs Officer, Communications Lead, Prosperity and Economic Development, Foreign Commonwealth and Development Office, Lagos.
Eze said that the announcement of the projects would be made at the inaugural Africa Climate Summit, hosted by Kenya from Sept. 4 to Sept. 6.
He said that the projects would focus on mobilising finance for climate action and helping people manage the impact of climate change across the continent.
Eze noted that mobilising finance and helping people manage climate change impact are two critical areas in Africa’s fight against climate change.
He said that the funding would help to create jobs, grow economies and improve the lives of women, farmers and at-risk communities.
According to him, the UK government’s gesture delivers on the UK Foreign Secretary, James Cleverley’s promise of honest reliable investment in Africa when he visited Kenya in December 2022.
He added that it also delivered on COP26 commitments, demonstrating the strength and capability of UK-Africa partnerships.
“This includes £34 million for new projects across 15 African countries to help women, at-risk communities, and more than 400,000 farmers build resilience against the effects of climate change.
“This will be under the established CLARE, CIWA and WISER programmes.
“Early warning systems such as text alerts, radio and social networks will help hard-to-reach communities take action before extreme climate events occur.
“And these projects will also improve water security for more than 1.5 million people.
“Seven new climate finance projects will also be launched at the Summit. Investments worth £15 million from UK-backed FSD Africa Investments will mobilise capital from private sources.