What are the implications of climate change for African economies?
AB: Africa has recorded solid economic growth. According to the Bank’s 2007 African Development Indicators, o ver the past decade, Africa has recorded an average growth rate of 5.4 percent. It’s important that this growth and its positive impact on livelihoods is sustained and made resilient to climate risk. How are governments making policy changes to combat climate change? AB: A lot of countries are developing their own adaptation strategies. They are developing National Adaptation Action Plans (NAPAs). The recommendations in these NAPAs will begin to find their way into Poverty Reduction Strategy Papers and national development plans. This also will be reflected into the Bank’s new generation of Country Assistance Strategies. Is the region receiving the resources it needs to help cut emissions? The plan is to help the region get access to innovative forms of carbon financing, including payment for environmental services and new areas such as avoiding deforestation and reducing land
