Browsing: Climate finance

COP28 Tanzania

President Samia Suluhu Hassan highlighted the need for international commitment to climate agreements and innovative financing, including a $700 million…

Climate Funding

A considerable gap exists between symbol and substance regarding an African climate change approach. Foreign leaders often nod to how Africa accounts for only four per cent of global emissions but bears the brunt of the devastating climate change effects. Rising temperatures, extreme weather conditions, and ecosystem disruptions threaten millions of Africans’ livelihoods.

For many communities across the continent, the climate threat is already existential. With 18 per cent of the global population, Africa has 16 of the 20 countries most vulnerable to climate change, according to Notre Dame Global Adaptation Initiative.

COP 27 what's in it for Africa

The calls for concrete, concomitant, and substantive actions against carbon emissions are not an exaggeration. The effects of climate change are obvious, even for the casual observer to see. Presently a devastating hurricane, Ian has made landfall on the United States coast of Florida. The tropical storm which tore through Cuba and made landfall in the United States a day ago has reportedly left an estimated 2.5 million people without electricity.

NBC News called hurricane Ian one of the most powerful storms ever to hit the United States. The hurricane it is said, has caused devastation and flooding that has left residents of Miami and Florida trapped in their homes. Hurricane Ian has been described as a category 4 hurricane with speeds of as much as 150 miles per hour or 240 kilometres per hour. Speeds like that make such a storm a threat to life and property. President Joe Biden has declared a major disaster in Florida and ordered that Federal assistance be rendered to the state efforts.

There have been reports that the polar ice caps are melting at a rapid pace and may no longer exist in this current generation. There have also been media warnings that should this eventuality become inevitable, then the low-lying parts of Denmark and surrounding countries could be submerged under water. The impact of climate change has not spared the African continent. It must be said that the impact of climate change is more devastating in Africa.