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The Conversation
The Conversation
Lisa Sachs, Director, Columbia Center on Sustainable Investment, Columbia University

Climate finance has failed Africa twice over – how to fix it

The effects of climate change are no longer a future risk for Africa. They are a present crisis.

Floods are destroying infrastructure that took decades to build. Droughts are collapsing harvests and displacing communities. Extreme heat is eroding labour productivity and straining health systems. Coastal communities are losing ground to rising seas and storm surges.

The case for massive investment in adaptation and resilience is overwhelming. In the infrastructure, agriculture, water systems, and coastal protections that help communities survive a climate that has already changed. But adaptation only buys limited time. Only deep, rapid cuts to the greenhouse gas emissions warming the planet can prevent those impacts from escalating beyond the reach of any response.

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