URBANEXPRESSLIVEURBANEXPRESSLIVEURBANEXPRESSLIVE
  • Home
  • Politics
    Politics
    “Followers who tell the truth, and leaders who listen to it, are an unbeatable combination.”— Warren Bennis
    Show More
    Top News
    Dissolution of APC Benue Executives Attracts Reaction from North Central Party Forum
    August 24, 2024
    Can Do Spirits”Remain Your Potential, Former Vice President Tells Dangote
    September 6, 2024
    Why Nigeria Govt Allay Fear Over Abuja Tremor
    September 18, 2024
    Latest News
    There’s No Justification For Not Being In Peace With My Boss-Fubara
    May 30, 2025
    Concerns As Activists Fear Emergency Rule May Last Beyond Six Months
    May 28, 2025
    Obi , Atiku in Deep Blue Sea As Coalition Confused Over Choice of Candidate-Lere
    May 24, 2025
    US Ex- Ex-President Biden Diagnosed with Prostate Cancer
    May 19, 2025
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Search
  • Advertise
© 2024 Urbanexpresslive. All Rights Reserved.
Reading: Why AU Summit Urges $1.3tr Annual Fund For Africa
Share
Notification Show More
Font ResizerAa
URBANEXPRESSLIVEURBANEXPRESSLIVE
Font ResizerAa
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
Search
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
URBANEXPRESSLIVE > web-Page > Environment > Why AU Summit Urges $1.3tr Annual Fund For Africa
Environment

Why AU Summit Urges $1.3tr Annual Fund For Africa

urbanexpresslive
Last updated: February 17, 2025 7:37 am
urbanexpresslive
Share
2 Min Read
SHARE

Olusegun Ariyo

African Union leaders on Sunday, February 16, 2025, demanded a massive increase in climate finance, calling for $1.3 trillion annually as Kenyan President, William Ruto, chaired a high-stake meeting ahead of upcoming global climate negotiations.

The summit at AU headquarters in Addis Ababa, Ethiopia, underscored the vast gap between developed nations’ commitments and Africa’s actual needs in the fight against climate change.

“Africa presented a unified voice at COP29, with strong participation from African leaders, ministers, and experts. While the conference made some progress on key issues such as climate finance, adaptation, and carbon markets, the outcomes fell short of Africa’s expectations,” Ruto said.

The Kenyan president noted that the current pledge to mobilise $300 billion by 2035 represents just a fraction of what Africa requires to effectively address climate challenges.

South African Minister, Dion George, highlighted his country’s upcoming G20 presidency as a crucial opportunity for advancing the continent’s environmental agenda.

“Through the G20, South Africa will continue to contribute to global efforts in tackling climate change, biodiversity loss, and pollution,” George said.

Kenyan Foreign Minister, Musalia Mudavadi, emphasised the need for continental unity on climate issues.

“It is imperative for African nations to speak with one voice on matters of debt and climate change. Our collective strength will ensure that our concerns are heard and addressed in international forums,” Mudavadi said.

Serah Makka of the ONE Campaign called for fundamental changes in how Africa’s wealth is calculated.

“Africa needs to recalibrate its economic metrics to truly reflect its wealth, including natural assets. This will not only improve our debt ratios but also attract sustainable investments,” Makka said.

The gathering concluded with a unanimous commitment to develop a comprehensive climate finance plan before the COP30 conference in Brazil.

You Might Also Like

Anyanwu, Bamidele, Nnamani, Moro 563 Other’s Land Revoked As Wike Weight The sledgehammer

COP29: Why Expert Fault GGA, NCQG Text For Calling Short of Adaptation Expectations

Yoruba People Are My Father’s Greatest Enemies-Femi Kuti

What Experts Said Regarding Improving Town Planning, Waste Management To Curb Flooding

Obololi Spil- How Shell Shot Non-Rivers-Koko Creek Crude Oil Line  In Bayelsa

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article How I Used Nedu To Set Trap For VeryDarkMan-Deeone (Watch Video
Next Article Four Lawsuits from Afe Babalola’s Firm Still in Motion Against Me-Farotimi
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

There’s No Justification For Not Being In Peace With My Boss-Fubara
Discover Politics May 30, 2025
Achieving Brighter future for Nigerian children 
Column May 29, 2025
Transfer: Why Osayi Samuel to Ligue 1 Club, Rennes Radar
Urban Sports May 28, 2025
How Real Madrid Announced the Signing of Two Players for This Week
Urban Sports May 28, 2025
Executive Master of Transport Management
//

UrbanExpressNews is Nigeria Most Reliable Online News, With Quality Pedigree of Writers made available on the online space.

Download Our App

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

info@urbanexpresslive.com

 

Follow US
© 2024 Urbanexpresslive. All Rights Reserved.
Welcome Back!

Sign in to your account