Analysis | African leaders aim to put climate finance top of COP27 agenda | Citypress

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Senegalese President Macky Sall said richer nations’ failure to come to the table and discuss how to pay for climate damage they have caused was disappointing

– an issue set to be high on the agenda in upcoming UN climate talks in November in Egypt.

Africa has about a 20% of the world’s population, but produces less than 3% of global carbon dioxide emissions, the major driver of climate change, according to the International Energy Agency. Meanwhile, the African Development Bank and Global Centre on Adaptation aim to raise $25 billion for their Africa Adaptation Acceleration Program by 2025 to accelerate and scale up climate adaptation efforts across the continent.

“If we want our continent to thrive, we have to adapt to climate change – and to achieve this, adaptation financing needs to start flowing at scale.” The continent is striking a better balance than other regions between financing emissions cuts and climate change adaptation, said Chavi Meattle, a senior analyst at CPI.As well as funding, Meattle said African countries need to integrate climate considerations into government investment decisions, do more to enable private investment for adaptation projects, and tailor solutions to local contexts.

 

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Interesting part of the article is that it doesn’t tell us who it was..

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