The German Corporation for International Cooperation (GIZ) recently launched the Climate Adaptation Business Alliance (CABA) in Nairobi, Kenya. This new initiative aims to boost climate resilience while encouraging economic growth and social equity.
CABA is part of GIZ’s PrivABoo initiative, supporting countries’ Nationally Determined Contributions (NDCs). The event brought together innovators, investors, and policymakers focused on making climate adaptation a key driver of sustainable development.
The alliance has already extended its reach to countries like Fiji, Rwanda, and Pakistan, reflecting an international consensus: climate adaptation isn’t just necessary; it’s also an economic opportunity.
Suleiman Dikwa, the inaugural Executive Director of CABA, emphasized that the alliance is inspired by successful projects in climate-stressed areas like Nigeria and the Lake Chad Basin. He highlighted the importance of implementing solutions such as flood-resistant infrastructure and drought-tolerant agriculture. “These approaches show how adaptation can drive both economic growth and social equity,” Dikwa noted.
Dikwa stated, “We are leading this grand transition; Africa is not just waiting for help. We are building the resilient economy our planet needs.” CABA focuses on three main areas: certification of credible adaptation enterprises, policy reform to value natural resources, and innovative financing to connect small enterprises with funding.
Statistically, climate adaptation investments could generate up to $7.1 trillion annually by 2030, according to the Global Commission on Adaptation. This potential underscores the alliance’s mission to create a recognized framework for climate adaptation that promotes transparency and protects against greenwashing.
To propel its mission, CABA has outlined a 100-day action plan and plans to create sectoral working groups. Denis Mijibi, serving as Executive Secretary, will focus on fostering international cooperation and strategic partnerships.
This initiative highlights a critical shift—understanding that climate resilience is not just an environmental issue, but a pathway to sustainable economic growth.
For more insights on climate adaptation and investment, you can explore reports from the Global Commission on Adaptation and other trusted resources.
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Climate Adaptation Business Alliance (CABA),German Agency for International Cooperation (GIZ),Suleiman Dikwa