Adaptation
Building resilience
to climate change
 
Mitigation
Moving towards
low carbon societies
 
REDD+
Reducing Emissions
from Deforestation
and forest Degradation
Finance
New finance models
for the green economy
 
 
 
COP19/CMP9 UNITED NATIONS CLIMATE CHANGE CONFERENCE - Warsaw, November 2013
Nov 19

Written by: cop19-updates
11/19/2013 1:17 PM  RssIcon

Warsaw, 19 November 2013 - Africa faces huge financial challenges in adapting to climate change, according to a new report by the UN Environment Programme (UNEP) that spells out the costs faced by the continent if governments fail to close the "emissions gap" to keep warming below 2°C.

Adaptation costs for Africa could reach approximately USD $ 350 billion annually by 2070 should the two-degree target be significantly exceeded, while the cost would be around USD $150 billion lower per year if the target was to be met.

More