9,350.01 TRY BIST 100 BIST 100
39.39 USD USD USD
5.52 CNY CNY CNY
45.60 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
44.10 TRY Interest Interest
73.88 USD Fossil Oil Fossil Oil
46.12 USD Silver Silver
4.81 USD Copper Copper
94.27 USD Iron Ore Iron Ore
328.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,296.29 TRY Gold (gr) Gold (gr)

US commits $30 million to Africa for climate adaptation efforts

US pledges $30mn to Africa for climate adaptation efforts, with the first tranche going to the Food Security Accelerator and the second to the Climate Resilience and Adaptation Finance Facility.

US commits $30 million to Africa for climate adaptation efforts

The US has pledged $30mn to Africa for climate adaptation efforts. US climate envoy John Kerry announced the funding at the Africa Climate Summit in Nairobi. The first tranche of $20mn will go to the Africa Adaptation Initiative for the Food Security Accelerator, which will invest in African agricultural businesses and help them create independent and climate resilient supply chains. The second tranche will go to the Climate Resilience and Adaptation Finance and Technology Transfer Facility, which scales technologies like cold chain storage to maintain food quality and safety.

This funding is part of the President's Emergency Plan for Adaptation and Resilience (Prepare), launched by US President Joe Biden in November 2021. The largest US commitment ever towards climate change adaptation is $3bn/yr by 2024. Kerry emphasized that early and effective adaptation is required to combat the climate crisis, stating that roads and bridges built today can only spur growth and curb poverty if they are still standing tomorrow.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Oman establishes industrial training center with Jindal Steel

Tuesday, June 17, 2025

UNESID urges Spain and Europe to protect the competitiveness of the steel industry

Tuesday, June 17, 2025

Poland's comprehensive transformation plan for the steel sector: Competitiveness and sustainability at the forefront

Tuesday, June 17, 2025

Political risks in Middle East steel market create upward pressure on prices

Tuesday, June 17, 2025

Türkiye's billet imports decreased by 2.6% in April

Tuesday, June 17, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now