Targeted Fiscal Stimulus Actions – Making a Difference
African development and economic growth are being strangled by climate change, which poses major challenges to already fragile situations at the household, national and regional levels. In recognizing resource limitations and capacity constraints in adequately responding to the multiple challenges facing vulnerable communities, it is important that targeting particular climate risks includes climate change adaptation actions that offer new opportunities. Co-benefits that go beyond the targeted and non-targeted sectors and communities to improve income, social welfare, eradicate poverty, create jobs, protect or restore ecosystems and provide cross-cutting solutions that serve other sectors as well are especially desirable.
Currently, adaptation actions are prioritized for implementation on an as-needed basis typically applied to high-risk communities, ecosystems and sectors, instead of being prioritized based on the potential of the action to generate environmental, social and economic benefits capable of spurring new actions to promote private and public investments and foster new investment partnerships. Therefore, other catalysing techniques are required to attract national budget resources and private sector investments. In order to provide economic incentives for public or private sector investment in adaptation actions, it becomes important to keep track of adaptation actions in such a way that they can be factually represented by figures, graphs and attractively detailed life stories showing how adaptation has contributed to human welfare, poverty alleviation, job creation (i.e., in the Green Economy) and strengthened ecosystems.
From these drivers stems this publication, “Keeping Track of Adaptation Actions in Africa” (KTAAA). Using projects conducted in various countries in sub-Saharan Africa, KTAAA shows, in a myriad of ways, the direct benefits of adaptation actons and their capability to provide transitional pathways to green growth and sustainable development. KTAAA also shows how concrete demonstration actions can provide solutions that can move countries and communities in Africa towards climate-resilient development. These actions that deliver solutions with multiple benefits and diverse beneficiaries – ranging from reducing environmental impacts to engineering a transition to greener economic growth – can be embraced by other countries. The various adaptation lessons highlighted in this booklet are highly relevant in contributing to decision-making processes. By highlighting concrete examples of success, KTAAA seeks to act as a catalyst and spur the world community to greater actions through the policy sphere.
Mr. Mounkaila Goumandakoye
Director and Regional Representative
Regional Office for Africa
United Nations Environment Programme (UNEP)
Hon. Dr. Binilith Mahenge
Minister of State-Environment, United Republic of Tanzania and President, Africa Ministerial Conference on the Environment (AMCEN)