The effects of climate change are no longer a future risk for Africa. They are a present crisis. Floods are destroying infrastructure that took decades to build. Droughts are collapsing harvests and displacing communities. Extreme heat is eroding labour productivity and straining health systems. Coastal communities are losing ground to rising seas and storm surges….
The future of housing raises some serious environmental concerns. Construction has been linked to 39% of global carbon emissions, and the concrete industry alone is responsible for 8% of the world’s greenhouse gases. Solutions will be especially useful in Africa, because so much building still needs to be done. The continent’s population is projected to…
India’s government plans a modest improvement in its fiscal picture in the coming financial year, with reductions in the fiscal deficit and debt, while boosting manufacturing in sectors ranging from textiles to chips. Finance Minister Nirmala Sitharaman, in her ninth consecutive budget speech, said on Sunday that the government sees its fiscal deficit falling to…
Climate change is no longer just about melting ice or hotter summers. It is also a financial problem. Droughts, floods, storms and heatwaves damage crops, factories and infrastructure. At the same time, the global push to cut greenhouse gas emissions creates risks for countries that depend on oil, gas or coal. These pressures can destabilise…
The Minister of Finance, Planning and Economic Development, Matia Kasaija, has welcomed Africa’s growing collective resolve to place climate-responsive economic transformation at the centre of the continent’s development agenda, saying finance ministries must play a leading role in shaping Africa’s climate future. Kasaija, who also chairs the Global Coalition of Finance Ministers for Climate Action,…
The forest finance revolution has begun. Africa cannot afford to miss this opportunity. Tropical forests provide the continent with unmatched climate, ecological, and economic value. The TFFF offers the financial tools to reward African nations for the global service which our forests provide, while empowering local communities, strengthening governance, and advancing climate leadership. COP30 has…
Nj Ayuk, Executive Chairman, African Energy Chamber At ADIPEC this year, I was skeptical about participating in COP 30. African nations are heading to Brazil for COP 30 in Belem. The United States, under President Donald Trump, has closed its office of climate diplomacy and will not be sending any representatives to the event. The…
At COP30 in Belém, Brazil, a broad alliance of governments, companies, Indigenous-peoples organisations and civil society announced the launch of the Scaling J-REDD+ Coalition, a global effort to accelerate jurisdictional REDD+ (J-REDD+) programmes, mobilise large-scale finance and channel it into forests, climate and livelihoods. According to the United Nations Environment Programme (UNEP), J-REDD+ could mobilise…
In Belém, Brazil, as the world turns its eyes to the Amazon where COP30 has been underway for the past week, one question looms large: can climate finance move from pledge to lifeline? At every negotiation table and in every diplomatic statement lies a stark truth shared by nations on the front lines of the…
Mohammed Mosam, Head of Product Growth, Brilliant Link. Being a CFO or finance leader today isn’t about perfect record-keeping; it’s about strategic velocity, the ability to turn information into foresight and foresight into action. Consider the role that artificial intelligence (AI) plays in everyday life, quietly transforming efficiency from the seamless navigation provided by Google Maps…
