Growth in GDP in the Caribbean isn't capturing the full story of natural disasters, climate change, and social disruption—but action is already underway to move beyond GDP.
A controversial tax credit meant to help jump-start carbon capture projects could cost $1 billion more than the federal government estimated, says the independent parliamentary budget watchdog. In several federal budgets, Finance Canada forecast that the carbon capture, utilization and storage (CCUS) investment tax credit would cost $4.6 billion between 2022-28. The Parliamentary Budget Officer now estimates the CCUS investment tax credit will cost $5.7 billion.
The SUNCASA project aims to reduce barriers to the participation of women and other underrepresented groups in the planning, implementation, and monitoring of urban Nature-based Solutions (NbS) in Dire Dawa (Ethiopia), Kigali (Rwanda), and Johannesburg (South Africa).
SUNCASA’s watershed restoration and greening activities aim to enhance the resilience of African cities to the escalating challenges posed by climate impacts, particularly floods and droughts, and to strengthen biodiversity and ecological health to address land and water degradation.
In Johannesburg, South Africa, SUNCASA will support the revitalization of the Upper Jukskei River catchment, decreasing flooding, improving urban heat management, enhancing water security, supporting livelihoods, expanding green areas, and protecting biodiversity. Gender-responsive nature-based solutions (NbS) will benefit 1.045 million people and generate approximately 1,000 green jobs, primarily among disadvantaged groups.
In Kigali, Rwanda, SUNCASA will restore critical upstream micro-catchments in the lower Nyabarongo River watershed to reduce flood risk, landslides, and soil erosion. The project will address these risks through a combination of gender-responsive nature-based solutions (NbS), including afforestation, reforestation, agroforestry, and urban tree planting—ultimately enhancing the resilience of 975,000 people.