Climate Debt
latest news & developmentsReduce Africa’s dependency on climate aid finance to ensure a sustainable future
Digital sustainable finance is key to mobilising private funding as Africa’s climate transition faces a major hurdle with aid often as loans increasing debt
Unified African voice needed at COP29
The continent must also ignore the dangled carrot of small bits of money for carbon forests or just transitions, said Fadhel Kaboub, a senior adviser at Power Shift Africa
COP26 touted to resolve long standing issues on climate debt
Only 16% of losses in South Africa from weather-related disasters in the past four decades were covered by insurers, leaving governments and communities unable to build back