Africa Climate Week: Accelerating Financial Flows for Nature-Based Solutions for Adaptation
Although investments for NBS for adaptation have been gaining traction at a global level, more work is needed to inspire and scale up NBS adoption in Sub-Saharan Africa. In addition to being one of the most vulnerable regions to climate change, Sub-Saharan Africa’s infrastructure deficit is estimated to reach $350 billion by 2040.
Despite initial progress on increasing finance for NBS in Sub-Saharan Africa, adaptation finance is still scaling too slowly to narrow the gap while the costs of climate impact rise. This event will examine the current trends in financing NbS for adaptation on the continent. It will highlight investments and alliances that are overcoming the challenges of investing in NbS for adaptation and what more needs to be done to leverage its potential. This event will bring together perspectives from actors critical to scaling up these investments.
Moderator:
- Nisha Krishnan, WRI
Scene Setter:
- Rory Hunter, NbS Finance Associate, WRI Africa
Panel:
- Emeryc Kpenou, Partner, SouthBridge Investments
- Kelvin Massingham, Director of Risk & Resilience, FSD Africa
- Roland Hunter, Senior Sourcing Manager, South Pole
- Oliver Phillips, Associate Director, Sustainable Finance, Standard Chartered Bank
- Hellen Wanjohi, Resilience Africa Cities Lead, WRI