|
|
|
|
Developed countries should help Africa address climate challenges: Kenyan president
|
|
|
|
| Top Stories |
 |
|
|
|
IANS | 30 Apr, 2023
The industrial north should honour the commitment to providing capital
and technologies required to help African countries cope with the
unfolding climate emergencies, Kenyan President William Ruto said.
During his address at the 2023 Ibrahim Governance Weekend
underway in the Kenyan capital of Nairobi on Saturday, Ruto stressed
that developed nations have a moral obligation to deliver climate
justice in Africa, where rising atmospheric temperatures have taken a
toll on ecosystems and livelihoods.
"Africa deserves compensation
for the losses that climate change has wrought on our economies. We
should be assisted to re-engineer green growth," the President said,
adding that Kenya will host the Africa Climate Summit on September 4-6.
Ruto,
the chairperson of the Committee of African Heads of State and
Government on Climate Change, pledged to utilise his position to lobby
for investments required to hasten the continent's transition to a green
and resilient future.
He said despite contributing less than
four per cent to global greenhouse gas emissions, Africa has borne the
brunt of climate disasters, including droughts, cyclones, and wildfires,
Xinhua news agency reported.
He urged multilateral lending
agencies to develop climate financing packages that are tailor-made for
the African continent, where there is an urgency to help grassroots
communities cope with the phenomenon.
Ruto observed that Africa's
huge renewable energy potential offers an opportunity to decarbonise
the continent's economies while unlocking green jobs for the youth.
Restructuring carbon markets in Africa should be combined with
nature-based interventions in order to hasten the realisation of
net-zero ambition in a continent that is home to climate hotspots,
including the Sahel and the Horn of Africa.
Joyce Banda, the
former president of Malawi, urged developed countries to step up their
financial obligation as a means to strengthen climate mitigation and
adaptation in Africa.
Banda, who is also the goodwill ambassador
of Tropical Cyclone Freddy Recovery of Malawi, decried lacklustre
commitment by the industrial north to support climate response in
Africa. She emphasised that delivering climate justice in Africa will
have spin-off effects, including improved livelihoods for local
communities, peace, cohesion, and gender parity.
Mo Ibrahim, the
founder and chair of Mo Ibrahim Foundation, a pan-African not-for-profit
lobby, suggested market-driven interventions to accelerate low-carbon
development in the continent.
By leveraging private capital and
fiscal incentives from governments, African countries could plug the
funding shortfall that has hobbled the green transition, said Ibrahim.
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
84.35
|
82.60 |
UK Pound
|
106.35
|
102.90 |
Euro
|
92.50
|
89.35 |
| Japanese
Yen |
55.05 |
53.40 |
| As on 12 Oct, 2024 |
|
|
| Daily Poll |
 |
 |
| Do you think Indian businesses will be negatively affected by Trump's America First Policy? |
|
|
|
|
|
| Commented Stories |
|
|
|
|
|
|
| |
|
