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Greening Africa Faces Financing Conundrum
April 3, 2016
Ambassador Ayo Olukanni, Vice Chairman of Nigeria's Fight Against Desert Encroachment Organization, made the statement at After Paris: Implications for Green Growth in Africa. This panel discussion was held as part of African Development Week in Addis Ababa. Ambassador Olukanni said that while there was a meeting of the minds on the reduction of fossil-fuel emissions at the Paris Conference, there was no decision on how Africa was going to finance the move in this direction. "A pressing challenge for developing country policymakers is how to balance the imperative to develop green economies with a shortage of financing for green solutions," Amb Olukanni said.