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CLIMATE CHANGE: ACCF GRANTS $1 MILLION TO SUPPORT LESOTHO, BENIN

P.M. News

The Africa Climate Change Fund has approved a project proposal for a total of $997, 524 to support Benin and Lesotho to access international climate finance, an initiative underpinned by evidence that adaptation to climate change must start locally, a press release by the body on Monday revealed.

While local responses can create opportunities for innovative solutions, most local governments in least developed countries lack the institutional, technical and financial capacities to contribute to building resilience.

Benin and Lesotho are two African countries which face such challenges and need more local-level investments to undertake measures to enhance water retention, promote more resilient farming and irrigation methods and climate-proof existing infrastructure such as water wells, bridges and rural roads.

The project proposal, approved in September, has been designed with the goal to improve the climate resilience of communities and local economies by increasing investments in climate change adaptation in target areas.

The release informed that, “specifically, the project seeks to support

  • development of high quality, bankable projects aligned with African Countries’ Nationally Determined Contributions (NDCs);
  • identification and strengthening of national institutions and stakeholders to access the Green Climate Fund and lastly,
  • small–scale or pilot adaptation initiatives targeting vulnerable communities. On completion, the project will increase local governments’ access to climate finance to implement climate change adaptation investments in Benin and Lesotho, through internationally recognized mechanisms.”

It further said the project would be implemented by the United Nations Capital Development through its Local Climate Adaptive Living Facility programme.

Naida Mohamed, ACCF Coordinator, said the approval was “an opportunity to expand the ACCF’s geographic reach and field of intervention and is in line with the Fund’s overall goal to address climate change challenges facing the African continent”. NW

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