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COP29: CSOs Demand Reform in Adaptation Finance Channels to Aid Most Vulnerable

A lead adaptation negotiator with the African Group of Negotiators (AGN), Kulthoum Omari, has called for a reform of adaptation finance channels to enhance allocation and access for the most vulnerable by reducing administrative barriers.

Omari made this statement at the Africa Journalists Climate Training (AJCT) held from July 29 to 30, 2024.

Discussing the expectations of civil society organizations (CSOs) on adaptation at COP29, Omari emphasized the need for increased funding and support for local institutions and women-led groups.

“Developed countries must keep their promise made at COP26 to double adaptation finance by 2025. This commitment hasn’t been met yet, even as we discuss the New Collective Quantified Goal (NCQG),” she said.

Omari highlighted the stark figures from the GAP Report, which indicate that adaptation finance flows and gaps are running up to $370 billion per year. She stressed that adaptation must be prioritized globally, with secure, grant-based funding to accelerate adaptation actions at scale.

This would require new and additional finance, capacity building, and technology transfer across developing countries.

The negotiator underscored the CSO community’s expectations for progress on the mapping of existing indicators at COP29. She also called for adaptation to be treated as a global priority, with a focus on Locally Led Adaptation (LLA) actions to ensure climate actions are responsive to those on the frontlines.

“The CSO community expects global leaders to demonstrate leadership in advancing LLA, promoting greater responsiveness of climate action to those at the frontline of climate impacts,” Omari stated.

The AJCT, which focused on climate change adaptation, was organized by PowerShift Africa and brought together key stakeholders to discuss strategies for effective climate adaptation.

 

originally published by; https://www.environewsnigeria.com/

Dare Akogun

Dare Akogun is a media innovator, strategic communication professional, and climate and energy transition journalist with over 11 years of impactful contributions to the media industry.

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