By URN
The global climate conference continues to be a blame game platform between the underdeveloped global south and the more industrialised global north for the failure to tame climate change.
The 27th Conference of Parties, COP27, happening at Sharm el Sheik, Egypt has attracted more than 35,000 participants from about 200 countries including head of states and governments, academics and entrepreneurs, to take action towards achieving the climate goals of the Paris Agreement and other deals.
All the speakers agree that Africa contributes the least (less than 4 percent) to the global carbon emissions, and that it is among the most vulnerable to climate disasters.
A report released by the Climate Policy Initiative finds that Africa needs about 2.8 trillion dollars, or 250 billion each year, between 2020 and 2030 to implement its Nationally Determined Contributions (NDCs).
The Paris Agreement’s main aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise by less than 2 degrees above the levels registered before the industrial age.
The study shows that total annual climate finance flows in Africa for 2020, domestic and international, were only USD 30 billion, just 12% of the amount needed.
Egypt’s President Abdel Fattah el Sisi said however, that the views of the leaders around the world are not supported by their political will to fight climate change.
He urged the world to ensure an end to the Russia-Ukraine war which, according to him, is abetting the climate crisis by making energy more expensive, and also adding to the hardships already felt by the poor.
He says the current generation of leaders must ensure that the actions of the world today are not paid for by the future generations.
