{"id":21511,"date":"2023-09-30T08:00:00","date_gmt":"2023-09-30T06:00:00","guid":{"rendered":"https:\/\/ecomnewsafrique.com\/?post_type=news&#038;p=21511"},"modified":"2023-09-29T02:01:37","modified_gmt":"2023-09-29T00:01:37","slug":"africa-the-united-kingdom-announced-64-million-or-80-3-million-in-investment-to-fight-the-climate-crisis-at-the-african-climate-summit-hosted-by-kenya","status":"publish","type":"news","link":"https:\/\/ecomnewsafrique.com\/en\/2023\/09\/30\/africa-the-united-kingdom-announced-64-million-or-80-3-million-in-investment-to-fight-the-climate-crisis-at-the-african-climate-summit-hosted-by-kenya\/","title":{"rendered":"Africa: The United Kingdom announced \u00a364 million or $80.3 million in investment to fight the climate crisis at the African Climate Summit hosted by Kenya"},"content":"\n  \n    \n      \nThe United Kingdom announced \u00a364 million ($80.3 million) of investment to combat the climate crisis during the first African Climate Summit hosted by Kenya from September 4 to 6. The information was made public by the British government on Monday September 4.\n\n    \n  \n\n\n  \n    \n      \nAccording to the briefing note, projects worth \u00a349 million will focus on the two key areas in the fight against climate change. This involves mobilizing funds for climate action and aid to populations impacted by the scourge across the continent.\n\n    \n  \n\n\n  \n    \n      \nThe statement also said that seven other \u00a315 million climate finance projects funded by FSD Africa Investments, a UK aid-backed development agency, will also be launched.\n\n    \n  \n\n\n  \n    \n      \nThe agency will be responsible for mobilizing capital from private sources, in order to allow small businesses to access financing, create innovative products and provide inclusive technological solutions, specifies the same source.\n\n    \n  \n\n\n  \n    \n      \n\u201cTogether, these projects will improve access to basic services, including renewable energy and healthcare, for more than 500,000 people, create 3,400 jobs and provide cheaper and reliable energy to households,\u201d he said. underlined Andrew Mitchell, British Minister for Development and Africa.\n\n    \n  \n\n\n  \n    \n      \nFor the British official, these initiatives correlate with the promise made by the British Foreign Minister, James Cleverly, \u201cto make reliable and honest investments in Africa\u201d during his visit to Kenya in December 2022, as well as the commitments taken during COP26.\n\n    \n  \n\n\n  \n    \n      \nAlthough Africa is responsible for only a fraction of global greenhouse gas emissions, it is increasingly bearing the brunt of the effects of climate change. These significantly impact food security and economies.\n\n    \n  \n\n\n  \n    \n      \nThrough this African Climate Summit, African heads of state and government agreed to lead the way in finding lasting solutions to the climate crisis. They expressed their intention to collaborate with developed countries, while reminding them of their commitments to climate action.\n\n    \n  \n\n\n  \n    \n      \nAccording to the World Meteorological Organization (WMO), in 2022, the effects of climate change will cause more than $8.5 billion in economic damage in Africa.\n\n    \n  \n\n","author":15,"featured_media":14008,"comment_status":"open","ping_status":"closed","template":"","tags":[617,1263,763],"location":[505,511],"class_list":["post-21511","news","type-news","status-publish","has-post-thumbnail","hentry","tag-climate","tag-crisis","tag-investment","location-africa","location-kenya-en"],"short_url":"https:\/\/bit.ly\/3EV7azx","have_related_news":"done","chapo":"Africa is increasingly bearing the brunt of the effects of climate change, impacting food security and countries' economies. For the British government, this funding aims to create jobs, grow economies and improve the lives of at-risk communities.","media":{"src":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2022\/02\/Capture-decran-2022-02-01-a-22.48.43-550x360.png","srcset":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2022\/02\/Capture-decran-2022-02-01-a-22.48.43-550x360.png 550w","sizes":"550px","alt":"","width":550,"height":360,"ratio":0.65,"credit_photo":""},"media-news-header":{"src":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2022\/02\/Capture-decran-2022-02-01-a-22.48.43.png","srcset":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2022\/02\/Capture-decran-2022-02-01-a-22.48.43.png 1170w","sizes":"1170px","alt":"","width":1170,"height":658,"ratio":0.65,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Africa: The United Kingdom announced \u00a364 million or $80.3 million in investment to fight the climate crisis at the African Climate Summit hosted by Kenya - 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