Why a $1 billion commitment to fund climate adaptation marks a new era of collaboration in Africa
The effects of climate change are already being felt in communities across the world and throughout the global economy. Climate-driven events have dominated headlines in recent months as increasingly frequent and extreme weather events kill hundreds of thousands of people every year. The combined effects of climate change and the degradation of nature are far-reaching, with the global economy set to face an estimated 19% GDP reduction over the next quarter-century due to climate change, according to a recent Nature study.