Nowhere is the significance of climate change more pronounced than in Africa. Despite having the lowest per capita emissions and contributing only about 2.8% to global emissions, Africa faces the most severe climate-related challenges, according to the Intergovernmental Panel on Climate Change. These challenges manifest in increasing disasters such as floods, earthquakes, and droughts, with countries experiencing an average GDP loss of 5 to 15 percent per year due to climate change, according to the African Development Bank. Yet, Africa receives the lowest percentage of global climate finance, exacerbating its vulnerability to climate-induced shocks.
The UAE has emerged as a critical partner here, pledging $4.5 billion to support African clean-energy projects at the inaugural Africa Climate Summit last year. As we approach the annual climate talks this November, this session will evaluate Africa's progress towards net-zero and climate resilience. Speakers will review the continent’s current climate outlook and discuss key agenda items for COP29 in Azerbaijan.
Moderator
Partner, Head of Transactional Practice | ADG Legal
Speakers
Director of International Partnerships, Global Climate Finance Centre | ADGM
Senior Executive Officer, Head of Middle East Region | Bank of Africa
In partnership with
