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, Dr Joel Oyango says the situation is headed to a worse state if nothing is done to finance adaptation to climate change effects. The goal of the virtual academy is to enhance capacity on climate change matters in Africa including climate change modelling for decision-making, climate policy and leadership, climate change sustainable financing, to science communication for climate action. Africa Development Bank(AfDB) Climate Change Expert Winnie Chepkemoi Mutai says 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.

Source: Daily Nation July 06, 2023 15:51 UTC