ADVERTISEMENT
Africanian
  • News
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
No Result
View All Result
Africanian
No Result
View All Result
Home Business

Liberia: African Development Bank extends $10 million grant to enhance climate information systems

The Board of Directors of the African Development Bank has approved a $10 million grant from the Green Climate Fund, for which the Bank is the accredited agency, to improve Liberia’s early warning weather systems.

in Business, News
Reading Time: 2 mins read
0 0
0
Liberia: African Development Bank extends $10 million grant to enhance climate information systems
0
SHARES
Share on FacebookShare on TwitterShare via Whatsapp

The project will also receive $431,969 from the Bank’s ClimDev Africa Special Fund and $1 million from the government of Liberia. The funding will strengthen the country’s capacity to produce tailored, sector-specific climate information services for the benefit of the most vulnerable. Weather disasters cost the country around $6.17 million each year, a figure that is expected to almost double in the next decade, and triple by 2040 under the baseline scenario.

READ MORE: Equatorial Guinea: WINNERS EMERGE FROM THE FIRST EDITION OF BANGE IMPULSA

Samuel D. Tweah, Jr., Liberia’s Minister of Finance and Development Planning, said: “Liberia will be better equipped to generate and disseminate accurate climate and weather information for climate change mitigation and early warning, food security, water security and environmental protection. These improvements will enable us to understand how disaster losses occur and how to avoid them in the future, saving lives and preventing economic losses.”

READ MORE: Guinea Bissau: African Development Bank Group president announces $30 million package for infrastructure, budget and governance support

Al Hamndou Dorsouma, the Bank’s Officer-In-Charge for Climate Change and Green Growth, said: “This project underscores the African Development Bank’s commitment to supporting African countries to improve the use of climate information services, which are key drivers of climate resilience, and will be vital to ensuring a green recovery from the Covid-19 pandemic.”

More

Kenya: Smart Intelligent Waste Bin Set To Boost Recycling

Equatorial Guinea: Country Set for the Construction of Its First Refinery

Spain: Valencia Wildfire Rages on as Fire Crew Brush Death

READ MORE: Finca Sampaka: Equatorial Guinea’s Premier Chocolate Producers

Liberia’s Environmental Protection Agency will execute the project on behalf of the government over five years. It will directly benefit around 2.3 million farmers and coastal residents, who bear the brunt of climate events. Around 5.4 million people in weather-dependent sectors will benefit indirectly, including those in agriculture and energy production.

The project will entail the installment of a weather radar at the country’s Roberts International Airport and establish unmanned aerial systems for upper-air observation. It will promote the establishment of interlinked community and national early warning systems.

Source: AfDB

africanian

africanian

Africanian, an Africa news media portal.

  • Trending
  • Comments
  • Latest
Dream Talks: Ecosystem Builder John Rexford Nzira Bets on Africa's Future

Dream Talks: Ecosystem Builder, John Rexford Nzira, Bets on Africa’s Future

August 12, 2022
Dream Talks: In Pursuit of Glory - The Journey II

Dream Talks: In Pursuit of Glory – The Journey II

August 15, 2022
Equatorial Guinea: Ecobank Ready to Provide Services to NAHSCO

Equatorial Guinea: Ecobank Ready to Provide Services to NAHSCO

August 11, 2022
Kenya: Smart Intelligent Waste Bin Set To Boost Recycling

Kenya: Smart Intelligent Waste Bin Set To Boost Recycling

August 18, 2022
Equatorial Guinea: Country Set for the Construction of Its First Refinery

Equatorial Guinea: Country Set for the Construction of Its First Refinery

August 18, 2022
Spain: Valencia Wildfire Rages on as Fire Crew Brush Death

Spain: Valencia Wildfire Rages on as Fire Crew Brush Death

August 17, 2022
Africanian

Copyright © 2022 Africanian.com.

Follow Us

No Result
View All Result
  • News
  • Politics
  • Business
  • Health
  • Sports
  • Entertainment
  • Tech
  • Travel
  • World

Copyright © 2022 Africanian.com.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.