African states seek $100B in annual climate financing support
LUSAKA, Zambia (AA) – Zambia has made a clarion call to the UN climate change conference COP27 for developed countries to pledge $100 billion in annual financing to beat climate change in Africa.
“As Chair of the African group of negotiators here at the conference, we feel that we have to address the key issues around the commitment to financing under the Paris Agreement as a measure of credibility. We need a strong international commitment as we seek exceptional milestone outcomes from this conference,” said the country’s President Hakainde Hichilema.
In an address to the conference, which is being held in the Egyptian resort city of Sharm El-Sheikh, Hichilema called for a strong global response and collaboration in mitigating the negative effects of climate change.
“A crisis like this (climate change) should not divide us but enhance our cooperation . . . . We must come out of this COP27 stronger, as a united voice with a common purpose to fight against climate change,” he added.
Africa contributes only 4% to global greenhouse gas emissions but is the worst hit by the negative effects of climate change.