Africa Climate Investing Fellowship
In the African continent, where the relentless forces of climate change are felt acutely, the urgency to adapt and build resilience has become a collective responsibility. Africa?s unique landscapes, emerging markets, and the stark reality of climate finance show a troubling lack of attractiveness for private investments in climate-related projects.
The data from the Climate Policy Initiative highlights that financing flows for climate action in Africa reached an average of US$29.5 billion in 2019/2020, representing only 4.7% of the total global climate finance. The urgent need to bridge then financing gap is evident, with Africa?s financing needs amounting to US$2.7 trillion cumulatively over 2020-2030 for adequate response to climate change.
In light of this, AVPA, in collaboration with The Lemelson Foundation, has established the Africa Climate Investing Fellowship (ACIF) to foster innovation, collaboration, and enhance climate resilience across the continent.
The Africa Climate Investing Fellowship(ACIF) is crafted to empower participants with the essential skills, knowledge, and tools to mobilise, package, and deploy capital innovatively and impactfully in the climate adaptation sector. By joining ACIF, you’ll foster a shared understanding of adaptation innovations, explore investment opportunities, and gain insights into effective financing instruments
Investors: Providing financial instruments aimed at funding climate adaptation solutions. Examples include addressing flooding, storms, drought, and sea-level rise. Innovators: Scaling innovative climate adaptation products or services across sectors like water management, agriculture, renewable energy, infrastructure, public health, and disaster risk reduction.
Participants in the Africa Climate Investing Fellowship can expect access to a robust impact investing network, opportunities to grow and collaborate with leading practitioners in Africa, skill development for accelerating climate adaptation innovations, and immersion in a strong Community of Practice.
Africa Climate Investing Fellowship