European private sector notably absent at Africa Adaptation Summit

By Anne-Marie Bissada
Posted on Monday, 5 September 2022 20:01, updated on Tuesday, 20 September 2022 17:01

Attendees from the Africa Adaptation Summit on 5 September 2022 in Rotterdam, the Netherlands. (TAR/Anne-Marie Bissada)

Ahead of this November's COP27 in Egypt, African heads of state and other global leaders on 5 September held the Africa Adaptation Summit to ensure money flows to Africa for climate adaptation projects. The summit concluded with $55m in funding earmarked for African adaptation — a far cry from the goal of $25bn.

“I can’t help but notice with some bitterness the absence of some industrial leaders. They are the main polluters on this planet, and they are the ones who should be financing these changes,” Senegalese President Macky Sall, this year’s chair of the African Union (AU), said in opening remarks at the summit.

“This leaves a bad taste in our mouths,” Sall added. “I am a bit disappointed to be honest.”