US, Egypt announce USD150M aid package to Africa to fight climate change
Date
11/14/2022 3:27:53 AM
(MENAFN) US and Egypt declared that they are going to fund USD150 million for Africa's adaptation to climate change, 27th Conference of Parties (COP27) presidency mentioned in a statement on Friday.
Throughout, COP27 to the United Nations Agenda Convention on Climate Change, the aid package was declared at a special meeting on 'Advancing Adaptation Action in Africa' co-ruled by H.E. Sameh Shoukry, COP27 leader, as well as United States Special Presidential Ambassador for Climate, John Kerry.
In line with the statement, USD13.6 million are going to be utilized for a Systematic Observations Financing Facility that is going to support fill weather, water, as well as climate observation gaps in Africa.
Furthermore, USD15 million are going to back the co-development as well as apply of early-warning procedure in Africa to reduce the figure of citizen who require emergency help in half by the end of this decade - and from 200 million to only 10 million by 2050.
Nearly USD10 million are going to be utilized to back the volume establishing of Africa’s ongoing as well as upcoming verdict makers.
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