[Image]Kenya hosted the inaugural ACS and Africa Climate Week at KICC Nairobi between September 4 and September 6. Africa climate change solution funding UK Minister for Development and Africa Andrew Mitchell, attending the event, confirmed that the multibillion projects will spearhead funding for climate action and solutions across the continent. "Our partnerships with African countries on green investment and climate resilience are growing economies and improving lives. But more action has to be taken, as those least responsible for climate change are increasingly bearing the brunt of its effects. PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app! "The UK is working closely with African partners to fight climate change, boost resilience and help those whose lives are most impacted," said Mitchell, in a press statement released on Monday, September 4. RECOMMENDED FOR YOU Raila Odinga's Motorcade Blocked By Police In Narok: "Kuna Crusade Kubwa Sa... The funds include £34 million (KSh 6.3 billion) for new projects across fifteen African countries to help women, at-risk communities, and more than 400,000 farmers build resilience against the effects of climate change. Who benefits from Africa Climate Summit Summit funding? Seven new climate finance projects will also be launched at the Summit. Investments worth £15 million (KSh 2.8 billion) from UK-backed FSD Africa Investments will mobilise capital from private sources, allowing small-scale businesses to access finance, create innovative products and deliver inclusive tech solutions. Together, these projects will improve access to basic services, including renewable energy and healthcare, for over 500,000 people, generate 3,400 jobs, and provide cheaper and reliable power to households. Read more: https://www.tuko.co.ke/business-economy/519823-africa-climate-summit-goodies-uk-pledges-ksh-9-billion-projects-africa/
posted by Breaking Kenya news at 11:54 on 4 Sept 2023
"Africa Climate Summit Goodies: UK Pledges KSh 9 Billion for Projects Across Africa"
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