During this year’s COP27 in Egypt, world leaders have grappled over what must be done to curb global warming. Seven years ago, world leaders signed an international treaty to limit global warming to well below 2°C but, nonetheless, efforts remain insufficient to limit global temperature rise to 1.5 degrees Celsius by the end of the century.
Given its geography, the impact of climate change has been noticeable across the Middle East and Africa region with devastating consequences including the floods in Pakistan and Nigeria, droughts in Somalia, Ethiopia, and Kenya, and the wildfires in Turkey as a few examples to mention. b. Organisations: Organisations, no matter how big or small, define how their operations and value chains impact climate change and what they can do to mitigate the effects. At Ericsson, we have prioritised the elimination of sources of greenhouse gas emissions within our own activities and value chain which follows a 1,5°C reduction trajectory as part of our Net Zero target for 2040. Organisations need to take a bold step in investing in digitalisation.
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Fund to Help Africans Build Water Resilience #AfricaClimateHopeAccess to clean drinking water still remains a major challenge to many communities the world over and will increasingly be at the centre of dealing with the worst effects of the climate emergency. After days of intense negotiations in Sharm el-Sheikh, history was made when countries at the latest UN Climate Change Conference, COP27, reached agreement on an outcome that established a funding mechanism to compensate vulnerable nations for 'loss and damage' from climate-induced disasters. The African Cities Water Adaptation Fund (ACWA Fund) is expected to provide U.S.$5 billion toward urban water resilience in 100 African Cities by 2032. The fund will allow city leaders to directly access funding and technical support to implement water solutions, which include but are not limited to integrated governance, watershed management, improved stormwater management, more sanitation services. The fund is supported by 23 institutions, making up the ACWA Platform, which will provide the necessary assistance and support when it comes to financing and implementation. Expected something like this 👇👇
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