#ClimateFinanceNG: Attracting Funding For Climate Adaptation & Mitigation — by @schrodingerr

Climate Finance takes care of incremental costs of the transition to a low carbon, climate-resilient development. These include the costs of clean technologies that have a relatively high initial cost outlay compared to the “dirty technology” options powered by fossil fuel. Developed countries are expected to raise USD100 bn pa by 2020 for Climate Finance with 50% for Adaptation. This isn’t working for Adaptation due to the lack of a robust business model to make Adaptation attractive to the private sector.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
ICCDI AFRICA

ICCDI Africa Seeks to Build a Climate Smart Generation Across Africa. #Environment | #Health | #Education | #SDGs #GlobalGoals #LetsDoMore