Boost Africa investment to win climate fight, says World Bank head

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The World Bank on Wednesday announced it was providing $22.5bn for sustainable development programmes in Africa between 2021-2025

This soaring population is likely to put further pressure on regions already susceptible to drought and could overburden the creaking infrastructure of many of the continent’s urban hubs.

“If cities don’t develop taking into account what climate will be 10, 20, 30, 40 years down the road it can be quite catastrophic for the populations,” said Georgieva. The One Planet Summit will see heads of state, including French President Emmanuel Macron and his Kenyan counterpart Uhuru Kenyatta lend political weight to proceedings.

Georgieva said governments could proliferate policies that make it easier for companies to invest in renewables, waste management and habitat protection — and reap economic rewards by doing so.

 

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