Browsing: investing in green economy

Has Africa stumbled upon an environmental apocalypse? The numerous natural disasters that have descended upon the continent hitherto—from the plague of desert locusts that have ambushed the Horn of Africa, tropical storms, floods across Eastern and Central Africa, severe droughts and heat waves to massive cyclones whose devastating effects are still felt across Southern Africa. The aftermath is a trail of death and destruction, threatening to erode hard-won development that most African countries have struggled to achieve, inflicting cascading economic consequences. Loss of lives, displacement of people, sources of income compromised, destruction of infrastructure and numerous development projects have been the ill-fated victims across the continent and have succumbed, in the wake of these natural disasters, to such events that have all stemmed from climate change.  …