Browsing: Climate change financing Africa

President Ruto on new world order.
  • President William Ruto of Kenya says resources should neither be controlled by the World Bank nor the International Monetary Fund.
  • Africa does not want anything for free. But needs a new financial model where power is not in the hands of the few, says Dr Ruto.
  • In Paris, President Ruto says the world cannot continue normally when things are not going forward.

Kenya’s President William Ruto has has called for a new world financing model to tackle poverty and negative effects of climate change. Dr Ruto is advocating for a financial architecture made up of equals. This is his latest call as he continues to emerge as Africa’s most vocal leader since his election in August last year.

According to the leader of East Africa’s top economy, President Ruto said resources should neither be controlled by the World Bank nor the International Monetary Fund. “Africa does not want anything for …