Accelerating Climate Finance for Sustaining Peace in Africa: Towards Integrated, Sustainable, and Innovative Finance
4 November 2021
Virtual Event

  Chair's Summary  
The African continent receives only 4 percent of global climate finance, and only a small fraction of that is directed to fragile and conflict-affected settings, largely focusing on climate mitigation, despite the strong need for climate adaptation.
Acting in its capacity as the Secretariat of the Aswan Forum for Sustainable Peace and Development, CCCPA--in cooperation with the African Development Bank (AfDB)--organized a virtual workshop as part of the Geneva Peace Week, titled “Accelerating Climate Finance for Sustaining Peace in Africa: Towards Integrated, Sustainable and Innovative Financing”.

The workshop discussed the main challenges and opportunities for accelerating and diversifying climate finance in fragile and conflict-affected settings as well as advancing integrated climate finance that leverages the cross-cutting benefits of climate adaptation, peacebuilding and resilience.

The speakers put forward a number of suggestions and recommendations to bridge the gap between the climate finance and peacebuilding finance communities. They highlighted the imperative for advancing robust partnerships, leveraging the co-benefits of climate adaptation for resilience and peacebuilding, and devising specific financing mechanisms for fragile and conflict-affected countries.
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