Tuesday, June 30, 2026
  • Login
The Southern African Times
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Technology
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • SAT Jobs
    • Events
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Technology
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • SAT Jobs
    • Events
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Europe

EU announces €1 billion for climate adaptation in Africa

by SAT Reporter
November 17, 2022
in Europe
0
EU announces €1 billion for climate adaptation in Africa

The European Union has announced €1 billion in support of climate adaptation in Africa.

This is according to a statement from Frans Timmermans, the executive vice president of the European Commission. During his speech at COP 27 on November 16, he laid emphasis on the event being an African COP and an adaptation COP. Timmermans said:

  • “Africa has contributed least to where we are today. Yet many of the countries on this continent are among the most vulnerable to climate change and are suffering more than many other places. So, we need to step up our game for adaptation in Africa.
  • “That is why I am happy to announce at this event that together the European Union and four member states, France, Germany, the Netherlands, and Denmark, will provide over 1 billion euros to support adaptation in Africa. This 1 billion euros initiative is a starting point. Other member states can join and we also encourage development banks to join.”

In a November 9 Washington Post op-ed, President Muhammadu Buhari wrote that Africa urgently needs investment in adaptation infrastructure — such as flood prevention systems — to stave off the disasters that destroy communities and cripple economies.

ADVERTISEMENT

In his speech, Timmermans identified four things the €1 billion initiative will do:

  • Collection and analysis of climate risk data
  • Reinforcements of early warning systems, both at regional and national levels.
  • The development of multi and single-country proposals to mobilize international climate finance, including from the private sector. This is to achieve the trillions needed for climate adaptation in Africa.
  • Strengthening climate and disaster risk finance and insurance mechanisms to protect vulnerable populations against climate hazards.

Loss and damage: While addressing attendees, Timmermans also spoke about support for loss and damage, which is one of the frontier discussion points at COP 27. He said the European Union will also give €60 million to address loss and damage in Africa. Timmermans added:

  • The EU will not stop there. The climate finance target for our main global budgetary program has been raised to 35%. And we intend to raise further investments for clean, secure, and climate-resilient infrastructure. That includes the Great Green Wall, the EU African Union transboundary water management initiative, and strategic corridors to name a few.”

Why this matters: In his speech, Frans Timmermans highlighted the fact that Africa has seen huge impacts of climate change, despite not being responsible for the current level of CO2 emissions in the atmosphere. He said:

  • “Every day we are reminded about the grave impacts of the climate crisis. You know Africa has seen incredible droughts and incredible floods. East Africa is now suffering from a terrible drought. You’ve had locust infestations; you’ve had coastal degradation at levels that are incredible. You see desertification causing levels of migration that are causing tensions in other countries. I mean, it is clear this is a challenge Africa can’t face alone.”

The Nigerian context: In 2022, Nigeria experienced floods across 34 states. These floods have affected households, businesses, farmlands (569,000 hectares damaged), as well as oil and gas facilities (in oil and gas producing states). 3.2 million people have been affected by flooding and over 1.4 million people have been displaced with over 600 deaths, across states. This is according to statistics from the United Nations Office for the Coordination of Humanitarian Affairs.

Climate adaptation refers to actions that reduce the negative impact of climate change while taking advantage of potential new opportunities. It involves adjusting policies and actions because of observed or expected changes in climate.

Previous Post

Is China helping make Africa’s COP an implementation COP?

Next Post

Zimbabwe readies for full AfCFTA participation

SAT Reporter

Related Posts

Bulgaria Votes Again as Radev Leads Push for Stability
Europe

Bulgaria Votes Again as Radev Leads Push for Stability

by SAT Reporter
April 19, 2026
Italy Seeks Expanded Gas Cooperation with Algeria
Europe

Italy Seeks Expanded Gas Cooperation with Algeria

by SAT Reporter
March 26, 2026
EU Suspends Some Botswana Beef Imports After Foot and Mouth Disease Outbreak
Europe

EU Suspends Some Botswana Beef Imports After Foot and Mouth Disease Outbreak

by SAT Reporter
March 11, 2026
Zenith Energy Expands Italian Solar Portfolio While Restarting Sant Andrea Gas Production
Europe

Zenith Energy Expands Italian Solar Portfolio While Restarting Sant Andrea Gas Production

by SAT Reporter
March 5, 2026
EU Wheat Futures Stabilise as Global Market Tensions Subside
Europe

EU Wheat Futures Stabilise as Global Market Tensions Subside

by SAT Reporter
January 22, 2026
Next Post
Zimbabwe readies for full AfCFTA participation

Zimbabwe readies for full AfCFTA participation

Browse by Category

  • Africa AI
  • African Continental Free Trade Area
  • African Debt
  • African Start ups
  • Agriculture
  • AI Africa
  • Algeria
  • All News
  • Analysis
  • Angola
  • Arts / Culture
  • Asia
  • Botswana
  • BOTSWANA
  • BREAKING NEWS
  • BRICS
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Business Wire
  • Cameroon
  • Central Africa
  • Chad
  • China
  • Climate Change
  • Climate Changev
  • Community
  • Congo Republic
  • Conservation
  • Côte d’Ivoire
  • COVID 19
  • CRYPTOCURRENCY
  • Culture
  • Democratic Republic of Congo
  • Diplomacy
  • Eastern Africa
  • Economic Development
  • Economy
  • Education
  • Egypt
  • Elections 2024
  • Energy
  • Entertainment
  • Environment
  • Eritrea
  • Ethiopia
  • Europe
  • Fashion
  • Feature
  • Finance
  • Financial Inclusion
  • Food
  • Food and Drink
  • Foods
  • GABON
  • Ghana
  • Global
  • Global Africa
  • Guinea
  • Health
  • Humanitarian Aid
  • Immigration
  • in Southern Africa
  • International news
  • International Relations
  • Investment
  • Ivory Coast
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Literature
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Mauritius
  • Middle East
  • Mining in Africa
  • Morocco
  • Mozambique
  • Namibia
  • Niger
  • niger
  • Nigeria
  • North Africa
  • North-Eastern Africa
  • Obituaries
  • Obituary
  • Opinion
  • PARTNER CONTENT
  • Politics
  • Property
  • Racism
  • Rwanda
  • Rwanda
  • SADC
  • SAT Interviews
  • SAT Investigation
  • SAT Jobs
  • Saudi Arabia
  • Senegal
  • Seychelles
  • Somaliland
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Sudan
  • Sustainability
  • Sustainablity
  • Tanzania
  • Technology
  • Telecommunications
  • The Editorial Board
  • The Power Of She
  • Togo
  • Trade
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • Wealth
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • Zimbabwe
  • ZIMBABWE

Browse by Tags

#NewsUpdate #SouthAfrica #SouthernAfricanTimes #TheSouthernAfricanTimes AfCFTA africa African Continental Free Trade Area African development African Development Bank African economies African economy African Union Agriculture Angola Botswana China Climate change critical minerals Cyril Ramaphosa Economic Development economic growth energy transition governance industrialisation Inflation Infrastructure Infrastructure Development International relations Investment Kenya Mozambique Namibia news Nigeria Regional Integration renewable energy Rwanda SADC South Africa Southern Africa sustainable development Tanzania United States Zambia Zimbabwe
ADVERTISEMENT

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Technology
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • SAT Jobs
    • Events
  • About Us
    • Advertise with Us
    • Contact Us
Not enough quota to unlock this post
Unlock left : 0
Are you sure want to cancel subscription?