Anna Murphy, the other lead author, said: “When considering infrastructure investments for climate resilience, the focus needs to be on the people who use it. “They show how determined and creative problem-solving are identifying win-win-win solutions for climate resilience local livelihoods, wider economies and the planet.”The report says climate resilience and sustainable development can be mutually beneficial. Infrastructure can drive climate-resilience and development through providing direct adaptation or resilience benefits that protect from climate hazards; through driving economic development that underpins people’s capacity and resources to adapt; and through contributing to macro-economic resilience by facilitating trade or reducing dependence on imports. “Infrastructure financing at scale and pace in developing and emerging markets is crucial to climate resilience and sustainable development where these challenges are most urgent,” said Philippe Valahu, from PIDG. “Our report identifies the hazards and opportunities – and aims to redefine what investing in climate action means in Africa, opening new avenues for investors and helping them make decisions that enable and accelerate climate-resilient development.”The report is entitled: “Africa Climate Solutions: Investing in infrastructure for climate resilience across Africa.”

Source: The North Africa Journal December 08, 2023 17:44 UTC