National Organic Week To On Promote Agroecological Farming Practices And Healthy Food

The fifth Annual National Organic Week is back. The 2023 event will focus on promoting agroecological farming techniques and healthy food in the country.

This year’s theme is Promoting of Agroecological Farming Techniques and Healthy Foods. It will kick off on Monday, September 25 2023 and end on September 29 2023.  

Hakim Baliraine, the National Chairperson of the Eastern and Southern Africa Small Scale Farmers Forum (ESAFF Uganda) said in a media statement that they will use the Week to share agroecology farming practices and experiences.

He said they also use the Week to raise awareness among the public on the consumption of agroecologically produced agricultural products.

Commitment to our planet's health

The Week will also highlight the contribution of organic farming in combating climate change which is becoming a big global challenge. 

“In the heart of every farmer, the National Organic Week leaves a lasting imprint. It's a time when we reflect on the true essence of our craft, nurturing the land, and tending to the roots of sustainability,” Baliraine said. 

“This Week reminds us that the choices we make today, in support of organic farming, will bear fruit for generations to come. It's not just a celebration; it's a commitment to our planet's health and the legacy we leave behind in conserving our environment,” he further explained.  

Baliraine said the Week aims to inform the wider public about the importance of agroecologiclly farming practices and consumption of organically produced foods. 

He said it will encourage the uptake of organic farming practices among small-scale farmers.

Food value chain 

The organizers of the event believe that adopting organic farming can play a big role in the country’s food value chain.

It is further believed that organic farming will save the country’s environment which has been highly degraded by commercial farming.

Commercial farming usually depends on inorganic farming inputs that are considered to be very dangerous to the country’s environment.  

Supporters of agroecological farming practices are now urging local farmers, especially smallholder farmers, to resort to organic farming inputs.

Organic inputs like locally produced fertilizers and pesticides boost organically produced agricultural products which are highly demanded both locally and internationally.

Environmentally friendly

Farming groups, especially the smallholder farmers, say organic farming is environmentally friendly and less costly compared to inorganic farming inputs that are expensive. 

To ensure that farmers embrace the production systems, many interventions have been initiated by farming associations such as ESAFF Uganda and other farmers groups especially those that unites smallscale farmers across the country. 

The forums have been organizing the annual National Organic Week since 2019. It’s on this background that ESAFF Uganda has organized the 5th National Organic Week 2023. 

Trade of organic agriculture growing 

Over the past ten years, global output and trade of organic agriculture have grown exponentially in the global market, particularly in Europe and North America. 

There has also been a shift in consumer preferences toward safe and hazard-free organic food. Rising environmental consciousness and the health risks associated with agrochemicals are a few of the main factors driving the growing interest in organic agriculture. 

Uganda's agricultural system is essentially organic by nature due to the relatively low use of foreign inputs like inorganic fertilizers and pesticides. 

Chemical fertilizers are among the least used globally despite the fact that their use is rigorously regulated for plant protection.

According to the players in the agricultural sector, this situation presents a tremendous potential for organic agriculture to develop and sustainably produce more food to increase food security and farmer revenue Farmers. 

Creating organic farming awareness 

The 5th National Organic Week also aims at increasing awareness of agroecological farming production systems and accelerates the uptake of these in the wider farming community.

It also aims to increase awareness of organic products and their benefits among consumers and to position indigenous seed varieties as the best adaptation strategy to address the impacts of climate change.

The Week provides a platform for dialogue between policymakers and small-scale farmers on how to sustainably use organic and biological farming methods and products directly to meet agricultural and environmental challenges.

The week-long event will be celebrated in Soroti, Gulu, Masaka, Lira, Amuru, Amuria, Adjumani, Kisoro, Kasese, Mbale, Kamuli, Jinja and Mityana.

The Week will include community dialogues, radio talk shows, engagement with Agroecology Clubs in schools and the 5th National Organic Dialogue as the climax event. 


Civil Society Organization Write To Ramsar Secretariat Over Tilenga, EACOP Wetland Risks

Sixty one African civil society organizations (CSOs) have written to the Secretary General of the secretariat of the Ramsar Wetlands of international importance.

They are demanding that the Ramsar Secretariat adds Ramsar Wetlands that have been affected by TotalEnergies and China National Offshore Oil Corporation’s (CNOOC) projects in Uganda and Tanzania to the Montreux Record.

The Montreux Record is a “record of Ramsar Sites where changes in ecological character have occurred, are occurring, or are likely to occur due to technological developments, pollution or other human interference”.

The CSOs are also demanding that the Ramsar Secretariat adds Virunga National Park, which contains a Ramsar site, to the Montreux Record.

They argue that oil exploitation or exploration activities by TotalEnergies, CNOOC as well as the Ugandan, Tanzanian and Congolese governments, have put at least three Ramsar sites at risk of degradation.

They want these Ramsar wetlands to be better monitored by third parties to aid their conservation so that they continue to play their biodiversity conservation and climate stabilisation roles.

The two oil companies and governments are developing the Tilenga and East African Crude Oil Pipeline (EACOP) projects. Part of the Tilenga upstream project in Uganda is within the boundaries of the Murchison Falls-Albert Delta Ramsar wetland in Murchison Falls National Park (MFNP).

The EACOP is a planned 1,443-kilometer pipeline from the Tilenga and Kingfisher oil fields in Uganda to the port of Tanga in Tanzania. It is set to affect over 158 wetland sections in Uganda.

Some of these, which are connected to Ramsar sites in Uganda, include Kibale/Bukoora, Kisoma, Kasemugiri, Jemakunya and Katonga.

The Ramsar sites connected to the aforementioned wetlands include the Sango Bay-Musambwa Island-Kagera (SAMUKA) Ramsar Wetland System, which has an economic value of USD 117 million per year (Sango Bay only) and Nabajjuzi Ramsar Wetland. The EACOP-affected wetlands that may be connected to Ramsar sites in Tanzania remain unknown.

Dickens Kamugisha of Africa Institute for Energy Governance (AFIEGO) in Uganda said they are worried about the high pollution risk that the Tilenga and EACOP projects pose to Ramsar wetlands in Uganda, Tanzania and the DRC. The Victoria Nile Crossing, which is within the boundaries of the Murchison Falls-Albert Delta Ramsar site, is particularly worrying, he said in a statement the 61 organization released on Monday.

“While TotalEnergies has promised to ensure biodiversity conservation amidst its oil exploitation activities covering Ramsar wetlands and other biodiverse areas, it is very difficult to believe them.

In Uganda and Tanzania, they have been unable to manage impacts arising from their compulsory land acquisition processes for the Tilenga and EACOP projects.

They have also been unable to manage the flooding as well as dust, noise and light pollution impacts seen because of the Tilenga project in Buliisa district in Uganda,” he said.

Civil Society Guides Government On Optimal Land Investment Practices

Civil Society Organizations (CSOs) are calling on the government of Uganda to strengthen its working relationship with development partners as a way of boosting fair and responsible local and foreign investment in the country. 

The Non-Governmental Organizations (NGOs) say that the current investment environment is not conducive especially to the local communities because related laws are not in tandem with the international responsible investment protocols. 

Some of the protocols not aligned with the Ugandan laws include the Voluntary Guidelines on the Responsible Governance of Tenure of Land, Fisheries and Forests in the Context of National Food Security (VGGT) and the Principles for Responsible Investment in Agriculture and Food Systems (CFS-RAI), as well as national frameworks. 

These frameworks call for the promotion of secure tenure land rights and equitable access to land, fisheries and forests as a means of eradicating hunger and poverty and supporting sustainable development. 

The concern about the imbalance between the Ugandans laws and the protocols was raised during a training meeting of Gomba District Local Government on the use of the Investment Compliance Monitoring Tool. 

The training was organized by the Eastern and Sothern Africa Small-scale Farmers’ Forum (ESAFF) Uganda in partnership with the Uganda Investment Authority (UIA) and the Germany Agency for Development (GIZ). 

Building capacity in Gomba district 

The meeting was aimed at building the capacity of Gomba District Local Government departments in using the Investor Compliance Monitoring Tool to track data collection, data analysis, data presentation and reporting.

The tools will also support Gomba in making formal discussions and guidance to promote responsible investments in the district to realize the right to adequate food in the context of national food security, human rights, and poverty eradication among others. 

Ronald Bagaga, the Policy and Research Officer at ESAFF, said there's a need for the government to come up with investment policies that support the interest of smallholder farmers. He said that on most occasions smallholder farmers have been affected when it comes to allocating land for investments to investors.

"The government should also have in mind that local communities need land, especially for agricultural production. Without respecting their interests, this will affect their livelihoods since they depend on land as a natural resource to earn a living" Bagaga said.  

It's on this background that ESAFF and partners conducted the capacity building training where ten Gomba district local government officials were skilled in the use of the Investor Compliance Monitoring Tool.

The training attracted the district economic physical planner, agricultural officers, lands officers, environmental officers, district commercial development officers and the Chief Administrative Officer. 

It promoted responsible investment governance with a focus on agriculture and food systems that contribute to food security and nutrition.

ESAFF, GIZ commended for innovation 

In the training, the District Commercial Development Office of Gomba Kawalya Morgan commended GIZ and ESAFF for coming up with the tool which guides them when it comes to the allocation of land for investment. 

Daniel Kirumira from GIZ promised Gomba that ESAFF will avail them with a computer system on which the ICMT Tool will be installed. He said the system will entirely be managed by the district to lower the fear of data insecurity.

He asserted that the entire process is to be managed by the district right from data collection, analysis and reporting and the district will have full control over the data 

"The tool will make sure that the district can conduct investor compliance monitoring. The tool will support the district have a record of responsible and non-compliant investors within the district and keep track of investments within the district,” he said. 

He also said the tool will support the district to identify areas where different investors require capacity building and ultimately informs them of policies that need to be raised/revised. 

Gomba is an example

After the training, ESAFF and GIZ decided to support Gomba with a workstation for monitoring investments in the district and facilitating district officials during data collection from identified investments. 

The intention is to ensure that the local government can be a learning centre and point of reference for other Local Governments across the country in monitoring investments in their districts. 

According to the Food and Agriculture Organization (FAO) of the United Nations (UN), agricultural, investments in Africa have a massive social and economic footprint. 

More than 60% of the population of sub-Saharan Africa is smallholder farmers, and about 23% of sub-Saharan Africa’s GDP comes from agricultural investment practices.

In the same way, the economies and livelihoods of citizens in East Africa are predominantly dependent on agricultural investments. The sector accounts for 25%-40% of EAC Partner States (Kenya, Uganda, Tanzania, Rwanda, Burundi, and the Republic of South Sudan) Gross Domestic Product (GDP).

Agriculture is the leading employer of over 80% of the population in the region. More than 70% of the industries in the EAC are agro-based and depend on agriculture as the main source of raw materials. Agricultural commodities constitute about 65% of the volume of intra-regional trade in the EAC.

In Uganda, Uganda Investments Authority (UIA) estimates Foreign Direct Investment (FDI) to increase from 3.68% to 5% and the Domestic Direct Investment to increase from 24.5% to 50% by 2025.  

The government of Uganda established UIA as an entity responsible for monitoring and tracking all investments made in the country as guided by the investment code of Uganda.  


CSOs Ask NCBA Bank Not To Finance Hoima Sugar Over Bugoma Forest

 Strategic Response on Environmental Conservation (STREC) together with over 1,678 Bugoma forest host communities directly impacted by the Hoima Sugar Limited’s Kyangwali Mixed Land Use Project have petitioned the Managing Director of NCBA Bank Mark Mayobo to stop providing financial support to Hoima Sugar Limited. 

The project, which includes a sugar cane plantation along with other infrastructure developments, has severely threatened the well-being and livelihoods of local communities, the CSOs say. 

The project has also resulted in the deforestation of natural, reserved forest, and has violated several Ugandan laws. Civil society groups have long fought against the project, including suing Hoima Sugar Limited (Hoima Sugar) for an inadequate environmental and social impact assessment.

On July 14, 2021, NCBA Bank Uganda posted on Twitter about providing asset financing to Hoima Sugar. In supplying asset financing via trucks, NCBA Bank is enabling Hoima Sugar to destroy the treasured Bugoma forest and harm the well-being of local communities. 

The Bank’s support of Hoima Sugar links NCBA Bank to the various environmental, social, and governance-related issues associated with Hoima Sugar’s activities in Bugoma Forest. This asset financing contradicts NCBA Group’s own commitment to “sustainable investment and community growth.

The CSOs are asking NCNA Bank to immediately withdraw asset financing and require early repayment from Hoima Sugar Limited. They also want the Kyangwali Mixed Land Use Project to be stopped and that Hoima Sugar provides financial redress for negative impacts suffered. 

The Kyangwali Mixed Land Use Project has caused people to lose employment and livelihoods, depleted Bugoma Forest resources, caused culture degradation, increased human - animal conflicts and destruction of species habitats. 

TotalEnergies, NFA Ink Deal To Conserve Budongo Forest

TotolEnergies EP Uganda and the National Forestry Authority (NFA) have signed a five-year Memorandum of Understanding to conserve Budongo Forest, Uganda's largest central forest reserve. 

Mariam Nampeera Mbowa, the Deputy General Manager of TotalEnergies and Okello Tom Obong, the Executive Director of NFA, signed the contract for their respective organizations. 

The MOU, according to TotalEnergies, marks the start of raising awareness of Budongo’s immense biodiversity value & supports NFA in its strategic objectives to improve the management of central forest reserves.

Nampeera said that with this MOU, TotalEnergies is boosting the effective management of biodiversity in Uganda by developing a Forest Management Plan that will enhance the extent and quality of the tropical high forest within Budongo.

“The Company aims to achieve positive outcomes for biodiversity & communities by working with NFA & other partners to support community forest management groups,” Nampeera said.

She noted that the Tilenga Biodiversity Program is one of the commitments made in delivering the Tilenga Project which aims to achieve positive outcomes for biodiversity in Murchison Falls National Park, Savanna habitats, wetlands & forests. 

Obong, the ED of NFA said the goal of this MOU is to strengthen forest management. He acknowledged that TotalEnergies has a long history of participating in activities associated with biodiversity conservation in Uganda. 

“We embrace this partnership as one of our collaborative approaches to the sustainable management of forest reserves. Budongo and other forests are habitats for a vast array of wildlife.

"So, this is something which is not coming from the blue. It is in our strategic plan. It is something which we anticipated many years ago and we want to continue consolidating and building new partnerships for sustainable forest management," he said. 

Budongo is home to an estimated 600-800 Chimpanzees and the largest mahogany forest in East Africa.

Civil Society Task NEMA On Bugoma Restoration As World Celebrates Environment Day

Civil Society Organizations (CSOs) subscribing to the Save Bugoma Forest Campaign (SBFC) have written to the National Environment Management Authority (NEMA) requesting for a copy of the approved restoration plan for Bugoma Central Forest Reserve (CFR).

The SBFC, an umbrella body, is made up of the forest host communities, civil society and private sector entities whose main objective is to defend Bugoma CFR located in Kikuube district in Western Uganda from land grabbing, sugarcane growing and oil threats.

In a press statement released as part of their activities to mark World Environment Dat, the SBFC also wants NEMA and the National Forestry Authority (NFA) to ensure that Hoima Sugar Limited (HSL) halts all its destructive activities in Bugoma CFR and restores the forest.

Save Bugoma Forest Campaign campaigners fault NEMA for authorizing Hoima Sugar activities in Bugoma forest in August 2020 by issuing an Environmental and Social Impact Assessment (ESIA).

 With the approval from NEMA, Hoima Sugar set up a sugarcane plantation on 9.24sq. miles, developed an urban centre on 1.206 sq. miles, set up an ecotourism site on 1.97 sq. miles, land for a cultural site covering 0.156 sq. miles; and left a natural forested area and set up nature trails on 6.17 sq. miles.

"While NEMA allowed HSL to grow sugarcane in some parts of Bugoma forest, reports by the SBFC in January 2021 and investigations by NEMA in September 2022 showed that the company had grown sugarcane in the area reserved for ecotourism purposes. The area reserved for natural forested purposes was also degraded," the statement from SBFC revealed.

Dickens Kamugisha, the chairperson of the SBFC, said that while the forest host communities and the public are highly interested in the restoration of Bugoma forest, NEMA has not publicly shared the restoration plan that Hoima Sugar submitted to them. 

Hassan Mugenyi, the chairperson of the SBFC local task force adds, “We do not know if any restoration plan for Bugoma exists. If it does, we were not consulted on it yet as people who have lived near Bugoma forest for a long time and have enjoyed benefits from the forest, we are interested in the conservation of the forest. We can also share information to inform restoration of the forest.”

The SBFC now recommends that NEMA should publicly share a copy of the approved restoration plan for Bugoma forest by HSL, stop the ongoing destruction of Bugoma forest and that the Ministry of Lands, Housing and Urban Development (MLHUD) makes public the boundary opening report of Bugoma forest.

The recommendation is that government should ensure that the conservation of Bugoma forest is promoted under the Forest Partnership that the government signed with the European Union

in November 2022 and that  Bugoma forest should be turned into a national park to better conserve the forest and protect the environment.

EAC Partner States Must Do More To Achieve The Malabo Commitments

East African legislators have been urged to expedite the domestication of the Malabo Declaration by putting in place a regional legally binding protocol or instruments to ensure the realization of Malabo's goals. 

Without domesticating it at the regional level, it will hinder the full implementation of the Declaration which stakeholders in the agriculture sector see as a vital protocol that can transform the agriculture sector among the East African Community (EAC) member states.

Although the EAC member states signed the Declaration, its implementation has been a big challenge since none of the member states has respected the protocol which they endorsed on their signature in Equatorial Guinea.

 ‘’Our government are not serious when it comes to the implementation of the Malabo Declaration; that is why the agriculture sector among the EAC member states is still underfunded,” Hakim Baliraine, the Chairperson of Eastern and Southern Africa Small-scale Farmers’ Forum (ESAFF).

He was speaking during the 6th East African Agriculture Summit held in Arusha Tanzania. He added: “If the protocol was implemented among the seven member states, we could be seeing big achievements in the agriculture sector’’  

The summit was hosted by ESAFF and partners concurrently with the East African Civil Society Summit. The Arusha Summit was attended by various stakeholders including small-scale farmers, policymakers from various partner states, and civil society organisations. 

The focus of the Summit was "Agriculture and Climate Change." Key to the discussion was the financing of the agriculture sector in the region.

It’s the agriculture financing that attracted the stakeholders to raise the matter of the Malabo Declaration. They said that although each African state is supposed to allocate 10 percent of its national budget to the agriculture sector none of them has respected the Declaration, even those in the EAC Member States. 

Yet during the meeting agriculture was considered as the major sector that can transform Africa including EAC member states. 

How member states are responding to the Malabo Declaration, in his presentation, Fahari Marwa, the Principle Agriculture Economist at the EAC agreed with the comments from the farmers who said that the region is not doing well to attain the commitment targets. 

‘’In all the biennial reviews that were carried out in 2017, 2019 and 2021, it was discovered that the region is not on track to meet any of the Malabo Commitments. Therefore, the region needs to pay much attention to all Commitment areas if it’s to meet the Malabo Declaration by 2025,’’ Marwa explained.     

The Malabo Declaration on Accelerated Agricultural Growth and Transformation for Shared Prosperity and Improved Livelihoods is a set of new goals demonstrating a more targeted approach to achieving the agricultural vision for the African continent which is shared prosperity and improved livelihoods.

 The Malabo Summit reaffirmed that agriculture should remain at the top of the continent's development agenda and is a crucial policy initiative for economic growth and poverty reduction in Africa. The African Heads of State and governments agreed to seven broad commitments.

These include upholding the principles and values of the Comprehensive Africa Agriculture Development Programme (CAADP); enhancing investment finance in agriculture; ending hunger in Africa by 2025; halving poverty by 2025 through inclusive agricultural growth and transformation; and boosting intra-African trade in agricultural commodities and services.

Statistics indicate that the EAC region is still performing poorly as meeting the Malabo Declaration Commitments is concerned. Reflecting on the third biennial review, the EAC region achieved an average overall performance score of 5.60 compared to the benchmark score of 7.28 which is the minimum score required for a region to be on track in implementing the Malabo Declaration commitments. 

This shortfall indicates that in 2021, the region was not on pace to meet the Malabo commitments by 2025.





Youths Protest Delayed Restoration Of Bugoma Land By Hoima Sugar

Youth for Green Communities, a local Non-Government Authority, on 20th March 2023, wrote to the Executive Director of Hoima Sugar Ltd protesting the delayed restoration of Bugoma Central Forest Reserve.

The National Environment Management Authority (NEMA), on 27th September 2022, released a Press Statement in which it ordered Hoima Sugar to safeguard the environment and stop any further damage to the environment.

In the statement, NEMA asked Hoima Sugar to immediately stop any further deforestation of the natural reserved forest area, ecotourism area, cultural sites and land reserved for the urban centre.

It also asked Hoima Sugar not to plant any sugar cane in the said reserved area, restore degraded areas, prepare and implement a restoration plan for the affected areas at the company's cost and permit third parties approved by the Authority to participate in the restoration process.

Further, NEMA halted the urbanization of the 312.3ha which had earlier in 2020 been approved to be developed into an urban centre - NEMA said that the said area should be kept as a natural forest in view of the country's effort to recover forest cover loss.

In September last year, NEMA had warned that failure to comply with the given instructions would result in NEMA cancelling the ESIA certificate and further legal actions against Hoima Sugar Limited.

The National Environment Management Authority issued Hoima Sugar Ltd an Environmental and Social Impact Assessment (ESIA) certificate No. NEMA/ESIA/13709 on 14th August 2020 to implement its projects.

Section 4 of the ESIA Certificate indicated specific conditions and components of the project as follows: Sugarcane Plantation (9.24 sq. miles); Urban Centre (1.206 sq. miles); Eco-tourism Centre (1.97 sq. miles); Cultural Site (0.156 sq. miles / 40.4038 ha) and The natural reserved forest and nature walk-ways/trails (6.17 sq. miles).

But according to the protest letter by Youth for Green Communities, Hoima Sugar has not heeded to the directives by NEMA, almost a year later.

According to Aryampa Brighton, the Chief Executive Officer of Youth for Green Communities, they are demanding that the company immediately stops the forest destruction for sugarcane plantations in compliance with NEMA orders.

Female Journalists Get Environment Reporting Training In Hoima

Female news reporters and editors from the Albertine Graben region on 11th March 2023 converged in Hoima City to undergo training aimed at improving their skills as environment reporters.

The twenty environment-enthusiastic newswomen were drawn from the districts of Hoima, Masindi, Mubende, Kiboga, Kikuube and Buliisa among others. 

The training, organized by Western Media for Environment and Conservation (WEMECO) with support from Global Green Grants Fund and other Environment conservationists, among other issues looked at how journalism can be used to conserve the environment and avert climate change.

One of the training facilitators, Leila Bbale, an editor at Spice FM, a Hoima-based radio station, highlighted that women are the most affected when the environment is damaged because of their positioning in society. 

“When water sources like wetlands and lakes are destroyed, it is the women who suffer most. When there are floods or drought because of the climatic changes, the women and children are vulnerable to the sufferings caused,” Bbale said.

She encouraged female journalists to consistently report on the issues of the environment because they can create climate change awareness through their work. 

In an interactive presentation, Precious Naturinda, who works with the National Association of Professional Environmentalists (NAPE) and Uganda Community Green Radio Kiboga, highlighted the importance of women's involvement in combating environmental degradation.

Baz Waiswa, the editor of Earthfinds, an environment and extractives publication, trained the participants in the use of digital media to tell environment stories. 

He demonstrated how the participants can create their own blogs to tell community stories and the use social media platforms like Facebook, Twitter, Linkedin, YouTube and TikTok among others.

Waiswa also conducted an afternoon session where he introduced the idea of using shareable podcasts to voice out the issues concerning the environment. He demonstrated how to create and set up podcasts. 

The Executive Director of WEMECO, Peter Akugizibwe Araali, encouraged female journalists to use the available media tools and skills learnt at the training to put out stories that are impactful and can influence change in the way communities engage with the environment.

He said that reporting on the environment offers female journalists opportunities that can scale them up. “There are organizations that are willing to collaborate with journalists like you. When this happens, you are able to get funding to facilitate your journalism and stories output,” he said. 

Akugizibwe said the main objective of the female journalists’ workshop was to equip participants with the knowledge and skills to enable them to understand how to deal with climate change by using new media tools like blogs, social media and podcasts.

Charles Batambuze, a member of WEMECO, and represented the WEMECO board chairperson, Ndeezi Doreen, thanked organizations that facilitated the workshop and the participants and encouraged them to put the knowledge acquired into practice.

Lack of climate adaptation investment could cost emerging markets hundreds of billions by 2030

Failure to invest the bare minimum needed to withstand projected climate damage could cost emerging markets hundreds of billions in climate damages and lost GDP growth this decade, according to a new study by Standard Chartered. 

The Adaptation Economy, which investigates the need for climate adaptation investment in 10 markets – including China, India, Bangladesh and Pakistan – reveals that, without investing a minimum of USD30 billion in adaptation by 2030, these markets could face projected damages and lost GDP growth of USD377 billion: over 12 times that amount. 

The projection assumes that the world succeeds in limiting temperature rises to 1.5°C, in line with the Paris Agreement. In a 3.5°C scenario the estimated minimum investment required more than doubles to USD62 billion and potential losses escalate dramatically if the investment is not made.   

Examples of climate adaptation projects include the creation of coastal barrier protection solutions for areas vulnerable to flooding, the development of drought-resistant crops and early-warning systems against pending natural disasters. 

India to benefit the most from adaptation investment 

Among the 10 markets in the study, India is projected to benefit the most from adaptation investment. The market would require an estimated USD11billion to prevent climate damages and lost growth of USD135.5 billion in a 1.5°C warming scenario – equal to a thirteen-to-one return for the Indian economy of investment in climate adaptation. 

Meanwhile, China could avoid an estimated cost of USD112 billion by investing just USD8 billion. And Kenya could avoid costs of an estimated USD2 billion by investing USD200 million in adaptation. 


Minimum investment required (1.5°C)


Economic benefit (USD)


10.6 billion

135.5 billion


8.1 billion

111.9 billion


4 billion

39 billion


2.7 billion

31.5 billion


1.5 billion

19.9 billion


1.2 billion

11.6 billion


900 million

8.6 billion


600 million

8.9 billion


600 million

7.6 billion


200 million

2.2 billion

The case for adaptation

Even if the world’s nations manage to achieve the goals of the Paris Agreement, measures to adapt to climate change must be pursued alongside the global decarbonisation agenda, with the banking sector having a critical role to play in unlocking finance. 

The USD30billion investment required for adaptation represents only slightly more than 0.1 per cent of combined annual GDP of the 10 markets in the study and much less than the estimated USD95 trillion emerging markets require to transition to net zero using mitigation measures, as outlined in Standard Chartered’s Just in Time report. 

The Adaptation Economy also surveyed 150 bankers, investors and asset managers and found that, currently, just 0.4% of the capital held by respondents is allocated to adaptation in emerging markets where investment is needed most. 

However, 59% of respondents plan to increase their adaptation investments over the next 12 months. And on average, adaptation financing is expected to rise from 0.8% of global assets in 2022 to 1.4% by 2030. 

Marisa Drew, Chief Sustainability Officer, Standard Chartered said: “This report makes it clear that irrespective of efforts to keep global warming as close to 1.5C as possible, we are going to have to incorporate climate-warming effects into our systems and adapt to its reality.   

“All nations will need to adapt to climate change by building more resilient agriculture, industry and infrastructure, but the need is greatest in emerging and fast-developing economies with a disproportionate risk of exposure to the negative effects of rising temperatures and extreme weather.   

“We must urgently recognise that adaptation is a shared necessity, and as our Adaptation Economy research so effectively highlights, inaction creates a shared societal burden of exponentially increasing cost. The financial sector has a crucial role to play in directing capital towards adaptation and creating the proof points to demonstrate that investing in adaptation can be a commercially viable attractive proposition for the private sector."


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