African nations meet in Egypt for climate funds ahead of COP27
Wednesday September 07 2022
(From left) Congolese President Felix Tshisekedi, African Union chief Macky Sall, Senegalese President and Dutch Prime Minister Mark Rutte and Ghana President Nana Akufo-Addo pose for a group photo at the Africa Adaptation Summit in Rotterdam, ahead of the COP27, on September 5, 2022. PHOTO | AFP
Officials from two dozen African nations and US climate envoy John Kerry gathered in Egypt on Wednesday for a conference to drum up funding for tackling climate change.
The three-day forum comes days after African leaders lashed out at industrialised nations for failing to show up at a summit in the Dutch city of Rotterdam dedicated to helping African countries adapt to climate impacts.
It also comes two months before Egypt hosts the crucial COP27 climate conference in Sharm El-Sheikh in November.
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Africa emits only around three per cent of global CO2 emissions, former UN chief Ban Ki-moon noted this week. And yet African nations are among those most exposed to climate impacts, notably worsening droughts and floods.
The forum in Egypt’s New Administrative Capital 50 kilometres east of Cairo, will seek to “leverage African leaders’ voices to mobilise greater international support for a green and resilient recovery in Africa,” according to the UN Economic Commission for Africa.
Alongside Kerry, the regional meeting will also be attended by UN Deputy Secretary-General Amina J. Mohamed, international organisations, NGOs and private companies.
Funding to help poorer countries curb their emissions and strengthen their resilience will be a key flashpoint at COP27, as a long-standing goal to spend $100 billion a year from 2020 on helping vulnerable nations adapt to climate change remains unmet.
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The summit in Rotterdam on Monday was the first to focus on helping Africa adapt to climate change fallout, bringing together the African Union (AU) and the International Monetary Fund (IMF).
But Senegalese President and AU chief Macky Sall noted with “a touch of bitterness the absence of the leaders of the industrialised world” at that summit, which aimed to raise $250 million in capital.
According to the African Development Bank, the continent needs $1.6 trillion between 2020 and 2030 for its own efforts to limit climate change and adapt to the adverse impacts that are already apparent.