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Lagos State Climate Adaptation and Resilience Plan (LCARP)
The Lagos State Climate Adaptation and Resilience Plan (LCARP), published in June 2024 by FSD Africa and the Lagos State Ministry of Environment and Water Resources, is a strategic roadmap to protect Lagos from climate-driven risks. The plan identifies sea-level rise, extreme rainfall, and extreme heat as the primary climate impact drivers, with a projected cost of inaction reaching nearly $40 billion by 2050. To mitigate these risks, LCARP proposes a $9 billion project portfolio consisting of 33 adaptation projects, aiming to mobilize between $700 million and $1.3 billion in annual climate finance by 2035. The plan emphasizes a shift from an overreliance on concessional debt toward a balanced mix of blended finance, grants, and nature-based solutions, supported by new governance structures and sector-specific policy reforms.
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Document type: Report
Ten key short-term sectoral benchmarks to limit warming to 1.5°C
The NewClimate Institute identifies ten critical short-term sectoral benchmarks for the period 2020–2025 necessary to maintain a greenhouse gas emission pathway consistent with the 1.5°C temperature goal of the Paris Agreement.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report