Adaption & resilience
The Climate Network Impact Report 2024
In 2024, The Climate Network (TCN) continued to grow and solidify its role as a central platform for climate professionals. Our network expanded, reflecting the increasing need for collaboration, knowledge-sharing, and actionable climate solutions. This report highlights the TCN’s impact across our strategic pillars: Community, Connect, Collaborate and Contribute.
Climate Loss & Damage as Direct Cash Transfers: Evidence From Malawi
Climate loss and damage cost developing countries $400 billion a year and could rise to $1 trillion a year by 2050. In March 2023, Cyclone Freddy dropped six months’ worth of rainfall in six days in Malawi’s densely populated southern region, triggering floods and mudslides that displaced 659,000 people, destroyed 440,000 acres of farmland, and led to the loss of 1.4 million livestock.
Unlocking Local Value: Rethinking Benefit Sharing in African Carbon Projects
CAP-A’s latest report explores the pivotal role that Benefit Sharing Mechanisms (BSMs) play in ensuring carbon projects in Africa are both effective and equitable. Through in-depth case studies from Zambia and Kenya, the report shows how integrating traditional knowledge, fostering community leadership, and establishing robust governance frameworks can significantly enhance the impact of these projects.
Carbon Markets Association of Kenya Inaugural AGM
20th June 2024: The Carbon Markets Association of Kenya hosted its inaugural AGM, where members voted to approve key elements of the Constitution and selected the new Governing Council of the Association!
Forecasting Green Jobs in Africa
Shortlist, in collaboration with FSD Africa and Boston Consulting Group have released a joint report that forecasts 1.5 to 3.3M new green jobs by 2030 in 12 main value chains. Solar and Climate Smart Agriculture present the highest job opportunities, followed by aquaculture and poultry, and waste remediation and recycling.
“Carbon Credit Finance Can Bring Clean Cooking to Every Home in Africa” an OP-ED by Peter Scott
“Today, carbon finance alone can generate the capital needed to lead the clean cooking transition. The amount needed is less than people might imagine, for example, a $1 billion investment can deliver ~30 million stoves. These stoves can then generate enough carbon credit revenue over a 7-year crediting period to repay the principal investment and still subsidise an additional 50 million stoves, or about the number of stoves that Africa needs each year.”
“More Money, Fewer Problems: Closing Africa’s Climate Finance Gap” a report by BCG
🔹 $2.4 trillion is required until 2030 to meet Africa’s climate needs, but only 12% of this funding has been met or committed. 🔹 Macroeconomic uncertainty, opportunity cost of capital, and investor risk assessment—resulting in financing costs 5-6% greater than in comparable emerging markets—creates a major impediment to investment flow into green sectors.
CAP-A’s Energy Dashboard
CAP-A, in collaboration with Dalberg Research, has launched the beta version of their Energy Dashboard - a new online interactive energy platform. Using world-class data from, amongst others, the Global Wind Atlas and Global Solar Atlas, the dashboard provides detailed renewable energy data across Africa, offering valuable insights for stakeholders in various sectors to facilitate decision-making and planning for green industry.
TCN, Regional and Global Climate Events Calendar For H2 2024
The calendar of annual climate events and big dates is often crowded and tricky to navigate! To help you prepare for and participate in upcoming events, we’ve created a calendar of climate events for the rest of the year. It features The Climate Network, regional, and global events and will be updated every quarter. If you think we’re missing any major events please let us know by emailing info@nairobiclimatenetwork.com.
NCN Launches the Carbon Markets Association of Kenya
26th February 2024: On the closing of day 1 of the Kenya Carbon Markets Conference, NCN co-hosted a networking reception with Climate Impact Partners, supported by FSD Africa and Bowmans Law. At this event, we announced the forthcoming launch of the Carbon Markets Association of Kenya (CAMAK) a groundbreaking initiative incubated by NCN through its carbon markets working group.