Climate Change Archives

IVORY COAST GOVT SECURE CLIMATE CHANGE FUNDS FROM IMF

Posted on February 22, 2024 by Gambeta News

The Ivorian government and the International Monetary Fund (IMF) staff have agreed on a climate change reform program backed by a $1.3bn loan from the Resilience and Sustainability Facility (RSF). In a statement, the IMF highlighted Cote d’Ivoire’s vulnerability to climate change, with rising temperatures, erratic rainfall, floods, rising sea levels, and coastal erosion posing significant risks to the country’s economic growth and its pursuit of sustainability and inclusivity. The agreement outlines steps to bolster…

CLIMATIC CHANGE COSTING AFRICA 15% PER CAPITA GDP

Posted on September 13, 2022 by Gambeta News

Kevin Urama, African Development Bank’s acting chief economist, recently said that Africa has been losing between 5% to 15% of its GDP per capita year-on-year growth due to climate change. Speaking during a panel discussion at Egypt International Cooperation Forum (Egypt-ICF 2022), Urama stated that African countries need to mobilize $1.6 trillion between 2022 and 2030 to meet their national commitments to address the “climate financing gap.” “Collectively, African countries received only $18.3 billion in climate…

NACHTIGAL HYDROPOWER PLANT IN CAMEROON TO LIMIT CLIMATE CHANGE

Posted on February 12, 2019 by Gambeta News

Nachtigal Hydropower Plant in Cameroon will help limit climate change. On the 31st of January 2019, the World Bank Group via World Bank Africa tweeted; that it supports the construction of the Nachtigal Hydropower plant in Cameroon. Derivatives from the tweet suggests that; the 420 mega watts (MW) Nachtigal Hydropower project which will be a source of clean power generation in Cameroon; will also help avoid 40 – 60 million tons of carbon-dioxide (CO2) emissions…

FIDIC JAKARTA 2017 – International Infrastructural Conference

Posted on September 13, 2017March 6, 2018 by Gambeta News

The FIDIC International Infrastructure Conference FIDIC, a french acronym for Fédération Internationale Des Ingénieurs-Conseils meaning International Federation of Consulting Engineers is an international standards organisation for the consulting engineering & construction profession. Founded in 1913 by France, Belgium and Switzerland in line with forming a global federation of consulting engineers. Today FIDIC membership covers 103 countries of the world. FIDIC organises the annual International Infrastructure Conference in the furtherance of its goals. This conference is the major…