Entrepreneurship project for women and youths
Johannesburg – The Africa Climate Change Fund (ACCF) has launched a scheme to support mechanisms for climate adaptation finance for women entrepreneurs and youths.
This is after the approval of $1 million in grant funding by development partners. The scheme called YouthAdapt: Empowering Women and Youth for Entrepreneurship and Job Creation in Climate Adaptation and Resilience, plans to develop transformative climate-resilient bankable projects aligned with African countries’ nationally determined contributions.
YouthAdapt is a flagship programme under the Africa Adaptation Acceleration Programme (AAAP) which aims to unlock the untapped potential of African youth to drive resilience and green enterprise. The virtual rallied together stakeholders, including the project team, quality control, adaptation, gender and communication experts, and climate change and green growth experts to share experiences.
AAAP coordinator and principal climate change officer Edith Adera said: “African youth are leading the way in concrete climate action as agents of change, innovators, and entrepreneurs.”
She added that the scheme would support women-led local enterprises promoting adaptation solutions to create additional jobs. She thanked the ACCF for collaborating on the projects and commended the fund for its role in facilitating the production of proposals.