NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

In Lusaka, Zambia, in response to Vice President Kamala Harris’s call for the private sector to promote and enhance climate resilience, adaptation and mitigation across Africa, the private sector made over $7 billion in new commitments. Additionally, the U.S. Government is announcing 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 over 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.

Photo courtesy of Cecilia Schubert.