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Vice President Kamala Harris announces US$7bn investment to address Africa's pressing needs

In response to US President Kamala Harriss call for the private sector to promote and enhance climate resilience, adaptation and mitigation across Africa, the private sector made more than US$7bn in new commitments

The US Government has announced new federal funding and initiatives to expand access to climate information services and enhance climate resilience and adaptation. These new investments and initiatives will generate significant economic benefits while addressing African nations’ pressing needs resulting from the climate crisis, including food security challenges, by helping to lift-up more than 116 million farmers and promote climate-smart agriculture

These announcements demonstrate America’s commitment to partnering with African people and governments, alongside the private sector, to help the continent meet its climate adaptation and resilience, clean-energy access, and just energy transition goals.

The Vice President, as part of her call for the private sector to promote climate resilience, adaptation, and mitigation across Africa, is announcing 27 private sector and philanthropic commitments to support farmers, climate-smart agriculture, sustainability, clean energy, and clean transportation. Examples include Pula, Mastercard, SunCulture and One Acre Fund, among many others.

To further accelerate the implementation of the President’s Emergency Plan for Adaptation and Resilience (PREPARE), which aims to help more than half a billion people in developing countries adapt to and manage the impacts of climate change this decade, the Biden-Harris Administration is announcing initiatives recognising the critical urgency of building climate resilience across the African continent. These announcements build on the bilateral climate adaptation, resilience, and mitigation announcements the Vice President made in GhanaTanzania, and Zambia.