Climate Finance: Nearly US$3 Trillion Needed to Implement Africa’s NDCs.

September 11, 2023 AELEX Admin 0 Comments

There is a substantial financial gap in climate finance in Africa. Yet climate disasters cost between 5 and 15% of GDP each year. According to the United Nations Economic Commission for Africa (ECA), the implementation of African Nationally Determined Contributions (NDCs) requires nearly $3 trillion, including about $2.5 trillion between 2020 and 2030. Read more

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