We Need to Talk About Money: Amplifying Africa’s Call for Climate Adaptation Finance

Climate justice activist Joshua Omonuk, representing the Agape Earth Coalition, calls for a fundamental shift in how climate adaptation finance is delivered to Africa. Highlighting that Africa receives only about 2% of total global climate funds, the author demands that COP29 establish a fairer system characterized by direct access for Least Developed Countries (LDCs) and Small Island Developing States (SIDS), a preference for grants over loans to avoid debt, and increased accountability for private sector polluters. The document also details a European tour conducted by the coalition to build political alliances with MEPs and NGOs to amplify these demands ahead of the summit.

• Africa is severely underfunded in the global climate finance landscape, receiving approximately 2% of total funds, which is insufficient to address the region's escalating climate impacts.
• The Agape Earth Coalition proposes six specific policy reforms for COP29 to create a fairer adaptation finance system: direct access for LDCs and SIDS to bypass complex intermediaries, the use of grants instead of loans to prevent further debt, transparent reporting standards, funding channeled through local NGOs, regulatory frameworks to ensure private sector polluters contribute, and realistic funding commitments with clear deadlines.
• The success of the New Collective Quantified Goal (NCQG) under the Paris Agreement depends on developed nations first fulfilling previous promises, specifically the $100 billion pledge, to restore trust and momentum.

APA

Omonuk, J. (2024). We Need to Talk About Money: Amplifying Africa’s Call for Climate Adaptation Finance. ClimaTalk. https://climatalk.org/2024/11/10/guest-feature-we-need-to-talk-about-money-amplifying-africas-call-for-climate-adaptation-finance/

Chicago

Omonuk, Joshua. We Need to Talk About Money: Amplifying Africa’s Call for Climate Adaptation Finance. ClimaTalk, 2024. https://climatalk.org/2024/11/10/guest-feature-we-need-to-talk-about-money-amplifying-africas-call-for-climate-adaptation-finance/.

Wikipedia

{{cite press release |last1=Omonuk |first1=Joshua |title=We Need to Talk About Money: Amplifying Africa’s Call for Climate Adaptation Finance |publisher=ClimaTalk |date=10 November 2024 |url=https://climatalk.org/2024/11/10/guest-feature-we-need-to-talk-about-money-amplifying-africas-call-for-climate-adaptation-finance/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{omonuk2024need, author = {Omonuk, Joshua}, title = {{We Need to Talk About Money: Amplifying Africa’s Call for Climate Adaptation Finance}}, publisher = {ClimaTalk}, year = {2024}, month = nov, url = {https://climatalk.org/2024/11/10/guest-feature-we-need-to-talk-about-money-amplifying-africas-call-for-climate-adaptation-finance/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }