Africa Needs Over $3 Trillion to Mitigate Climate Change
African countries need at least $2.7 trillion for mitigation measures and another $488 billion for adaptation to climatic change to be met in 2030, according to the estimates from Intended Nationally Determined Contributions (INDCs) for adaptation to climate change.
Speaking during the Africa Carbon Forum in Kigali, Yasser El-Gammal, the World Bank country manager, said the amount is based on countries that have already declared their INDCs, adding that there are few others yet to submit.
According to the World Bank, under current estimates, Africa requires $5 to $10 billion per year to adapt to global warming.
Johnny Peacock