{"id":476623,"date":"2022-11-03T15:17:25","date_gmt":"2022-11-03T15:17:25","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=476623"},"modified":"2022-11-03T15:17:31","modified_gmt":"2022-11-03T15:17:31","slug":"new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/","title":{"rendered":"New report reveals Africa is facing a crisis in funding for climate adaptation"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>\n<p><em>\u201cAs we look forward to COP27, we must generate a breakthrough on finance for climate adaptation.\u201d<\/em><\/p>\n\n\n\n<p><em>&nbsp;&#8211;&nbsp; Prof Verkooijen, CEO, GCA.<\/em><\/p>\n\n\n\n<p>Rotterdam, the Netherlands, 3 November 2022 \u2013 Africa is facing a critical shortfall in funding for climate adaptation according to a new report, <a href=\"https:\/\/eur04.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fgca.org%2Freports%2Fsta22%2F&amp;data=05%7C01%7Cchinedu.moghalu%40gca.org%7Cfd23a86fdff1424d90ab08dabda5c45a%7Cf6d544da37b14597a0481fbd9d1b29f0%7C0%7C0%7C638030816896566711%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=RogdkCIsD2r8y3p6wVS9bpDk1akWCUmp%2BJLT9C3%2BvEI%3D&amp;reserved=0\"><strong><em>State and Trends in Adaptation in Africa 2022<\/em><\/strong><\/a>, launched by the Global Center on Adaptation today.&nbsp;<\/p>\n\n\n\n<p>The report reveals that cumulative adaptation finance to 2030 will come to less than one-quarter of the estimated needs stated by African countries in their National Determined Contributions (NDCs) unless more funding for climate adaptation is secured.<\/p>\n\n\n\n<p>In 2019 and 2020 an estimated $11.4 billion was committed to climate adaptation finance in Africa with more than 97% of the funds coming from public actors and less than 3% from private sectors. This is significantly less than the $52.7 billion annually to 2030 it is estimated African countries will need.<\/p>\n\n\n\n<p>To increase the volume and efficacy of&nbsp; adaptation finance flows to Africa over the coming decade, the report makes a number of recommendations:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Financial institutions must mainstream resilience into investments they are making.<\/li><li>Policy makers and other stakeholders must build the enabling environment for adaptation investment.<\/li><li>Financial innovation for adaptation must match country-level policy and market conditions.<\/li><\/ul>\n\n\n\n<p>Professor Patrick Verkooijen, CEO of the Global Center on Adaptation, commenting on the report findings said:<\/p>\n\n\n\n<p>\u201cAdaptation finance is scaling too slowly to close the investment gap in Africa, even as the costs of inaction rise. As we look forward to COP27, we must generate a breakthrough on finance for climate adaptation. The Africa Adaptation Acceleration Program endorsed by the African Union, is the best vehicle we have to ensure the adaptation investment shortfall in Africa is met with action from all available sources including the private sector.\u201d<\/p>\n\n\n\n<p>Speaking during the launch event for the report, Amina Mohammed, Deputy Secretary-General of the United Nations said:<\/p>\n\n\n\n<p>\u201cCOP27 must be a turning point. Developed countries must put forward credible plans to double adaptation finance to reach 40 billion dollars a year by 2025. The Secretary-General has called for a new business model to deliver adaptation finance by turning adaptation priorities into pipelines of investment for projects.\u201d<\/p>\n\n\n\n<p>Akinwumi Adesina, President of the African Development Bank Group said:<\/p>\n\n\n\n<p>\u201cAt the Global Center on Adaptation, they are doing incredible work in mapping out what the needs are, mapping out how to make climate resilient infrastructure. Already the Upstream [Financing] Facility at the Global Center on Adaptation, is doing so much analytical work to support countries to build climate resilience into infrastructure, into agriculture and to mainstream climate financing into national bodies but also into the financing of large multilateral development banks.\u201d<\/p>\n\n\n\n<p>Josefa Leonel Correia Sacko, <em>Commissioner<\/em>for Rural Economy and Agriculture for the <em>African Union<\/em>&nbsp;Commission said:<\/p>\n\n\n\n<p>\u201cAfrica\u2019s 1.4 billion people contribute less than 3% of the world\u2019s total greenhouse gas emissions but finds itself on the frontline of this climate emergency with nine out of ten of the most vulnerable countries in Africa. Adaptation to climate change is very crucial to Africa. At COP27 it is adaptation and financing adaptation which is our priority.\u201d<\/p>\n\n\n\n<p>STA22 provides policy shaping recommendations in key areas such as livestock, agriculture, cities, nature-based solutions, blue economy, and coastal erosion. It is the most comprehensive guide to assess progress on climate adaptation in Africa and provide guidance and recommendations on best practices in adapting to the effects of a changing climate and building resilience to climate shocks.<\/p>\n\n\n\n<p>The report highlights successful adaptation initiatives from the Africa Adaptation Acceleration Program (AAAP) which have the potential to be scaled up and replicated. It also presents key policies, skills and finance gaps that must be addressed if adaptation is to be effective and reach those who need it the most.<\/p>\n\n\n\n<p>Commenting on the report\u2019s findings, &nbsp;Dr Ede Ijjasz-V\u00e1squez and&nbsp;Professor Jamal Saghir,&nbsp;Co-Directors of State and Trends in Adaptation in Africa 2022&nbsp;said:&nbsp;<\/p>\n\n\n\n<p>The climate is changing&nbsp;rapidly&nbsp;and Africa needs to&nbsp;Adapt. It must adapt to rising&nbsp;temperatures, more&nbsp;extreme storms and floods, rising sea levels , more&nbsp;intense&nbsp;heatwaves and longer and more severe&nbsp;droughts. Our report maps out not only&nbsp;the impacts of climate change, but also&nbsp;the&nbsp;available&nbsp;adaptation solutions. The report proves that adaptation is an opportunity for jobs and economic recovery .&nbsp;Adaptation pays.\u201d<\/p>\n\n\n\n<p>The Africa Adaptation Acceleration Program (AAAP)&nbsp;was developed by African Development Bank and the Global Center on Adaptation (GCA) to mobilize $25 billion by 2025 to&nbsp;implement, scale and accelerate climate adaptation across the African continent.&nbsp;AAAP works across four bold interconnected pillars to achieve transformational results: Climate-Smart Digital Technologies for Agriculture and Food Security; African Infrastructure Resilience Accelerator; Youth Empowerment for Entrepreneurship and Job Creation in Climate Adaptation and Resilience&nbsp;and Innovative Financial Initiatives for Africa.&nbsp; AAAP has already guided over $3.5 billion of upstream investments in 19 countries with every dollar spent influencing $100 downstream.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>\u201cAs we look forward to COP27, we must generate a breakthrough on finance for climate adaptation.\u201d &nbsp;&#8211;&nbsp; Prof Verkooijen, CEO, GCA. Rotterdam, the Netherlands, 3 November 2022 \u2013 Africa is facing a critical shortfall in funding for climate adaptation according to a new report, State and Trends in Adaptation in Africa 2022, launched by the<\/p>\n","protected":false},"author":527180,"featured_media":476624,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12591,12046,12065],"tags":[12322],"class_list":{"0":"post-476623","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-feature","8":"category-leaders-en","9":"category-press-releases","10":"tag-africa-en","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New report reveals Africa is facing a crisis in funding for climate adaptation - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\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.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New report reveals Africa is facing a crisis in funding for climate adaptation\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/pages\/Financial-Afrik\/150840631757446?fref=ts\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-03T15:17:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-03T15:17:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2022\/11\/Prof.-Dr.-Patrick-V.-Verkooijen-Photo-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"2560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/11\\\/03\\\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/11\\\/03\\\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\\\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/80f802fd6db958ac83d55076c6c93692\"},\"headline\":\"New report reveals Africa is facing a crisis in funding for climate adaptation\",\"datePublished\":\"2022-11-03T15:17:25+00:00\",\"dateModified\":\"2022-11-03T15:17:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/11\\\/03\\\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\\\/\"},\"wordCount\":830,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/11\\\/03\\\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/Prof.-Dr.-Patrick-V.-Verkooijen-Photo-scaled.jpg\",\"keywords\":[\"Africa\"],\"articleSection\":[\"Featured\",\"Leaders\",\"Press releases\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/11\\\/03\\\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/11\\\/03\\\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/11\\\/03\\\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\\\/\",\"name\":\"New report reveals Africa is facing a crisis in funding for climate adaptation - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/11\\\/03\\\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/11\\\/03\\\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/Prof.-Dr.-Patrick-V.-Verkooijen-Photo-scaled.jpg\",\"datePublished\":\"2022-11-03T15:17:25+00:00\",\"dateModified\":\"2022-11-03T15:17:31+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/11\\\/03\\\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/11\\\/03\\\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/Prof.-Dr.-Patrick-V.-Verkooijen-Photo-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/Prof.-Dr.-Patrick-V.-Verkooijen-Photo-scaled.jpg\",\"width\":1920,\"height\":2560},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/\",\"name\":\"Kapital Afrik\",\"description\":\"All African finance\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\",\"name\":\"Kapital Afrik | All African finance\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.kapitalafrik.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/logo-430x76-kapital-afrik-.png\",\"contentUrl\":\"https:\\\/\\\/www.kapitalafrik.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/logo-430x76-kapital-afrik-.png\",\"width\":1740,\"height\":266,\"caption\":\"Kapital Afrik | All African finance\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/FinancialAfrik\\\/\",\"https:\\\/\\\/x.com\\\/Financialafrik\",\"https:\\\/\\\/www.instagram.com\\\/financialafrikbusiness\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/financial-afrik\\\/\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCSeoXcgLHLSVaKqMP7cQaJQ\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/80f802fd6db958ac83d55076c6c93692\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c96a10dd5744a16de1cf5f4a5f23907a6d913e6ec3825c7447bb7a86e51e0a6d?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c96a10dd5744a16de1cf5f4a5f23907a6d913e6ec3825c7447bb7a86e51e0a6d?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c96a10dd5744a16de1cf5f4a5f23907a6d913e6ec3825c7447bb7a86e51e0a6d?s=96&d=blank&r=g\",\"caption\":\"Editor\"},\"description\":\"Kapital Afrik intends to deliver strategic financial information to executives and managers, through a daily newsletter and a website that covers all African finance.\",\"sameAs\":[\"http:\\\/\\\/financialafrik.com\",\"https:\\\/\\\/www.facebook.com\\\/pages\\\/Financial-Afrik\\\/150840631757446?fref=ts\"],\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/author\\\/admincfa\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"New report reveals Africa is facing a crisis in funding for climate adaptation - Financial Afrik","description":"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/","og_locale":"en_US","og_type":"article","og_title":"New report reveals Africa is facing a crisis in funding for climate adaptation","og_description":"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity","og_url":"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/","og_site_name":"Financial Afrik","article_publisher":"https:\/\/www.facebook.com\/FinancialAfrik\/","article_author":"https:\/\/www.facebook.com\/pages\/Financial-Afrik\/150840631757446?fref=ts","article_published_time":"2022-11-03T15:17:25+00:00","article_modified_time":"2022-11-03T15:17:31+00:00","og_image":[{"width":1920,"height":2560,"url":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2022\/11\/Prof.-Dr.-Patrick-V.-Verkooijen-Photo-scaled.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_creator":"@Financialafrik","twitter_site":"@Financialafrik","twitter_misc":{"Written by":"Editor","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/#article","isPartOf":{"@id":"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/"},"author":{"name":"Editor","@id":"https:\/\/www.financialafrik.com\/en\/#\/schema\/person\/80f802fd6db958ac83d55076c6c93692"},"headline":"New report reveals Africa is facing a crisis in funding for climate adaptation","datePublished":"2022-11-03T15:17:25+00:00","dateModified":"2022-11-03T15:17:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/"},"wordCount":830,"commentCount":0,"publisher":{"@id":"https:\/\/www.financialafrik.com\/en\/#organization"},"image":{"@id":"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/#primaryimage"},"thumbnailUrl":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2022\/11\/Prof.-Dr.-Patrick-V.-Verkooijen-Photo-scaled.jpg","keywords":["Africa"],"articleSection":["Featured","Leaders","Press releases"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/","url":"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/","name":"New report reveals Africa is facing a crisis in funding for climate adaptation - Financial Afrik","isPartOf":{"@id":"https:\/\/www.financialafrik.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/#primaryimage"},"image":{"@id":"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/#primaryimage"},"thumbnailUrl":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2022\/11\/Prof.-Dr.-Patrick-V.-Verkooijen-Photo-scaled.jpg","datePublished":"2022-11-03T15:17:25+00:00","dateModified":"2022-11-03T15:17:31+00:00","description":"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.financialafrik.com\/en\/2022\/11\/03\/new-report-reveals-africa-is-facing-a-crisis-in-funding-for-climate-adaptation\/#primaryimage","url":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2022\/11\/Prof.-Dr.-Patrick-V.-Verkooijen-Photo-scaled.jpg","contentUrl":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2022\/11\/Prof.-Dr.-Patrick-V.-Verkooijen-Photo-scaled.jpg","width":1920,"height":2560},{"@type":"WebSite","@id":"https:\/\/www.financialafrik.com\/en\/#website","url":"https:\/\/www.financialafrik.com\/en\/","name":"Kapital Afrik","description":"All African finance","publisher":{"@id":"https:\/\/www.financialafrik.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.financialafrik.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.financialafrik.com\/en\/#organization","name":"Kapital Afrik | All African finance","url":"https:\/\/www.financialafrik.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.financialafrik.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.kapitalafrik.com\/wp-content\/uploads\/2020\/06\/logo-430x76-kapital-afrik-.png","contentUrl":"https:\/\/www.kapitalafrik.com\/wp-content\/uploads\/2020\/06\/logo-430x76-kapital-afrik-.png","width":1740,"height":266,"caption":"Kapital Afrik | All African finance"},"image":{"@id":"https:\/\/www.financialafrik.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/FinancialAfrik\/","https:\/\/x.com\/Financialafrik","https:\/\/www.instagram.com\/financialafrikbusiness\/","https:\/\/www.linkedin.com\/in\/financial-afrik\/","https:\/\/www.youtube.com\/channel\/UCSeoXcgLHLSVaKqMP7cQaJQ\/"]},{"@type":"Person","@id":"https:\/\/www.financialafrik.com\/en\/#\/schema\/person\/80f802fd6db958ac83d55076c6c93692","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c96a10dd5744a16de1cf5f4a5f23907a6d913e6ec3825c7447bb7a86e51e0a6d?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c96a10dd5744a16de1cf5f4a5f23907a6d913e6ec3825c7447bb7a86e51e0a6d?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c96a10dd5744a16de1cf5f4a5f23907a6d913e6ec3825c7447bb7a86e51e0a6d?s=96&d=blank&r=g","caption":"Editor"},"description":"Kapital Afrik intends to deliver strategic financial information to executives and managers, through a daily newsletter and a website that covers all African finance.","sameAs":["http:\/\/financialafrik.com","https:\/\/www.facebook.com\/pages\/Financial-Afrik\/150840631757446?fref=ts"],"url":"https:\/\/www.financialafrik.com\/en\/author\/admincfa\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2022\/11\/Prof.-Dr.-Patrick-V.-Verkooijen-Photo-scaled.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/posts\/476623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/users\/527180"}],"replies":[{"embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/comments?post=476623"}],"version-history":[{"count":0,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/posts\/476623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/media\/476624"}],"wp:attachment":[{"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/media?parent=476623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/categories?post=476623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/tags?post=476623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}