At the end of the three day Africa Climate Summit held at Nairobi Kenya, Africa attracted the sum of $23 billion as funding for its climate adaptation and resilience efforts.
Making this known at the close of the summit, Kenya President William Ruto, said the fund is a collective effort from various stakeholders, including governments, the private sector, multilateral, banks and philanthropists.
He said some of the good highlights “include a transformative partnership investing $16 million over two years in expanding grid access in rural Burundi”.
“A $4.5 billion commitment from the UAE to boost renewable energy, substantial contribution from the European nations and significant investments from the private sector,” he said.
