The current Chair of the African Group of Negotiators (AGN) on climate change, Ephraim Mwepya Shitima of Zambia, has rightly said over and over that any money channeled to Africa as climate finance must be separate from Official Development Assistance (ODA). We do not need more zeros added to our debts.
African leaders aren’t waiting for the annual COP meetings to come together to act. In a recent lecture series in July this year, Dr Kevin Kariuki, Vice-president for Power, Energy & Climate at the African Development Bank, revealed that the bank plans to mobilize $13 billion for climate finance in Africa with 63% of which will be for adaptation.
We couldn’t agree more when he said: “unless we provide enough resources, our ambitions will amount to a zero-sum game."
As African leaders and activists gear up for COP27, one thing is clear – Africa is united in its focus, demands and expectations that COP 27 must yield value beyond talks.
Egypt signals action time.