ECOWAS

West Africa To  Benefit Hugely From Green Climate Fund – ECOWAS

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The Economic Community of West Africa States (ECOWAS), has organized a 3-day training workshop to educate member states on how to access the global Green Climate Fund (GCF).
The fund, officials said will benefit Least Developed Countries
(LDCs), of which there are 12 West African countries.

According to the Head, Division Environment, Policies and Regulations, Bougonou Djeri-Alassani, the Green Climate Fund prioritises Adaptative and Mitigation measures. Djeri-Alassani said that Adaptation takes 50 percent of the global finance, while Mitigation is 50 percent.“Among the 50 percent for adaptation, we have 50 coming to Africa, and among the 50 percent coming to Africa, we have 50 percent going to Least Developed Countries (LDCs). And in ECOWAS, we have 15 member states and at least 12 LDCs. This is the opportunity we have there. Nigeria is not a LDC. But the fund is open to everyone.”

Regional Advisor for Africa on Green Climate Fund, Alpha Kaloga,
reiterating  the potential opportunities available, says the fund is the first of its kind that ECOWAS countries have direct access to.

“Instead of going through UNDP, World Bank or other International institutions, developing countries have the opportunity to offer for the first time their own institution to be accredited, get the money and implement.

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