Business is booming.

Sub-Saharan Africa has 95% of rain-fed agriculture globally- NIMET

A large share of agriculture in GDP and employment adds to vulnerability, as do other weather-sensitive activities, such as herding and fishing, leading to income losses and increased food insecurity.

“Seven of the 10 countries that are most vulnerable to climate change are in Africa. In 2015, four African countries ranked among the 10 countries most affected: Mozambique (1st), Malawi (3rd), Ghana and Madagascar (joint 8th position)”- IPCC.

“Climate change represents a major threat to Africa achieving the Sustainable Development Goals. The Intergovernmental Panel on Climate Change (IPCC) report 2018, highlighted the grave consequences of a temperature increase above 1.5°C, especially for Africa”.

From 2008 to 2011, drought caused economic losses equivalent to 3.9 percent of Djibouti’s GDP per annum.

UNEP-commissioned research estimates that the cost of adapting to climate change across Africa could reach $50 billion a year by 2050, if the global temperature increase is kept within 2°C above preindustrial levels.

Under the Paris Agreement reached at COP21, all countries agreed to take collective action on climate change to keep global temperature increase to no more than 2°C above pre-industrial levels. African countries have outlined bold aspirations to build climate resilient and low-carbon economies in their Nationally Determined Contributions (NDCs) to the Paris Agreement.

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