Climate change and financing Africa - News Summed Up

Climate change and financing Africa


Climate Change Mitigation and AdaptationGlobally, there is consensus that upscaling the climate action agenda requires that the means of the implementation (MoI), namely finance, technology transfer, and capacity building be given utmost priority hence, the amplified calls for Parties to the United Nations Framework Convention on Climate Change (UNFCCC) to accelerate ambition through their Nationally Determined Contributions (NDCs) (www.unfccc.int). Following increased scientific evidence pointing to fossil fuels as the major driver of climate change, there were increased calls for a global-phase out thereof at the just ended Twenty-Eighth Conference of Parties to the UNFCCC (COP28) held in Dubai, United Arab Emirates. However, most Global South Parties advocate for a gradual ‘phasing down’ (just transition as opposed to an outright ‘phase out’) through the deployment of renewables to replace traditional fossil fuels.


Source: The North Africa Journal February 23, 2024 08:52 UTC



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