Biggest Climate Adaptation Plan Lays Out Africa Investment Case

The Africa Adaptation Acceleration Program, the world’s biggest climate resilience initiative, introduced its first country-specific investment plans in a bid to woo additional finance.

The so-called climate adaptation country compacts are meant to outline adaptation investment opportunities, financing needs and fund mobilization plans, the $25 billion initiative said in a statement late Tuesday. The AAAP is run by the Rotterdam-based Global Center on Adaptation and the Abidjan-based African Development Bank.