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African Ministers of Finance, Economy, and the Environment met in Egypt this week ahead of the COP27 climate summit in November to discuss unfulfilled pledges that have left African countries disproportionately battered by climate change
African Ministers of Finance, Economy, and the Environment met in Egypt this week ahead of the COP27 climate summit in November to discuss unfulfilled pledges that have left African countries disproportionately battered by climate change.
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The African continent’s carbon discharge is only around three percent of global CO2 emissions. But is disproportionately affected by worsening droughts and floods. African countries will together pitch for more funds to address the fallout because of climate change since they have to bear the brunt of the sins of others. Developing countries’ long-standing demand is to spend US$100 billion a year from 2020 on helping the vulnerable where climate change goals remain unmet.
This week’s forum in Egypt aims to “leverage African leaders’ voices to mobilise greater international support for a green and resilient recovery in Africa”. It will also demand more funding to help vulnerable countries reduce greenhouse gas emissions.