Kenya faces 79pc climate change financing gap – expert
Kenya is facing a 79 per cent climate change financing gap amidst increasing global warming effects that are causing havoc in developing countries.
The African Centre for Technology Studies (ACTS) Climate Change Programme lead, Joel Onyango said the situation is set to deteriorate if nothing is done to finance adaptation to climate change effects.
“Kenya is already feeling the effects of climate change. The widespread poverty, recurrent droughts, and floods, coupled by inequitable land distribution, overdependence on rain-fed agriculture, and limited coping mechanisms all combine to increase people’s vulnerability to climate change,” he said.
This comes in the wake of a climate summit in Paris in which President William Ruto and other African leaders reiterated the need for more funding to mitigate the effects of climate change in the global south.
He said many Kenyans have little security against intense climatic effects. They have few resource reserves, poor housing and depend on natural resources for their living.
“The most affected sectors being agriculture - especially those depending on rain fed irrigation. It is important for the country to continue implementing strategies that contribute to mitigation and adaptation to the negative impacts of climate change in order to protect its citizens and economy,’ he added.
Onyango was speaking during the launch of ACTS Pathways Academy, a resource training centre for action on climate change empowerment.
Virtual academy
The virtual academy will provide access to borderless, flexible, informative training to foster skills, knowledge and collaborations on climate change.
Africa Development Bank (AfDB) Climate Change Expert Winnie Chepkemoi Mutai said lack of understanding about the effects of climate change has also contributed to the huge climate change financing gap. “The private sector can play a huge role in bridging the financing gap, however, many private sector actors do not understand the importance of climate financing. Such initiatives will help them see the benefits of increasing their investment in climate change,” she added.
Africa Youth Commission Project Lead for Africa Activists for Climate Justice Programme Michael Khaduyu said the academy will go a long way in enhancing capacity among the youth in Africa who are the leaders of tomorrow.
