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Africa wins $7bn in climate commitments

4 years ago
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Africa wins $7bn in climate commitments

The US government has announced more than $7bn worth of commitments to help Africa adapt to climate change.

In a statement on March 31, the White House announced pledges from 27 private sector and philanthropic organisations to support the continent’s farmers, clean energy developments and other sustainability projects.

Companies making commitments include Mastercard, France-headquartered cocoa company Touton, US fertiliser firm Switch Bioworks and agriscience specialist Corteva.

On the same day, the US government announced it will offer $1bn in grants to help farmers and rural businesses invest in renewable energy systems and make energy-efficiency improvements.

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