Warsaw, 19 November 2013-Africa faces huge financial challenges in adapting to climate change, according to a new report by the UN Environment Programme (UNEP) that spells out the costs faced by the continent if governments fail to close the (emissions gap) to keep warming below 2 degrees celcius. Adaptation costs for Africa could reach approximately USD 350 billion annually by 2070 should the two-degree target be significantly exceeded, while the cost would be around USD 150 billion lower per year if the target was to be met. Africas

Adaptation Gap, released today and endorsed by the African Ministerial Conference on the Environment (AMCEN) whose secretariat is hosted by UNEP, confirms the World Banks Turn Down the Heat Reports that there is a 40 per cent chance that we will inhabit a 3.5-4 degrees Celcius World if mitigation efforts are not stepped up from current levels.
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