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
    Journalists Arrested: HURIWA Give Details of Victims Under Tinubu’s Govt
    August 27, 2024
    Obaseki’s Aides Resign, Dumps PDP
    September 8, 2024
    2024 UN General Assembly: Tinubu  Pulls Out, Says VP Shettima To Lead Delegation
    September 19, 2024
    Latest News
    What Governor Lawal Said Regarding Defeating Matawalle If He Attempts to Contest
    July 10, 2025
    Tough Decisions As Kwankwaso Faces Dilemma of Choice in Heavy Weight Tsunami To ADC
    July 9, 2025
    Reconnect With South Africa, Leave Trump, American Politics Alone-Shehu Sani Advises Elon Musk
    July 7, 2025
    There’s No Justification for Continued Detention of Nnamdi Kanu-Igbo Leaders
    July 7, 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

Climate Action Expectation, Challenges in 2024-An Xray

Lagos Intensifies Campaign Against Noise Pollution, Restricts Night Construction

Why Govt Revokes Houses of Defaulting National Housing Programme Subscribers

How Agbor Flood Disaster Attract Reaction Between Delta APC, PDP

How  Brake failure Led  Loaded Thanker  Into Fatal Accident, Consume  Three Lives in Lagos

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

Why  Wizkid Regretted Insulting me For Dropping Song Amid Endsars Protest-Reekado Banks
Entertainment July 10, 2025
How I Was Blacklisted By Marketers-Moji Afolayan Speaks On Disappearance From Screen
Entertainment July 10, 2025
FCCPC Gives Stern Warning Against Illegal Practice At Kano Grain Market
Urban & Rural Lifestyle July 10, 2025
Club World Cup: Real Madrid Allow me Leave-Hakimi After PSG’s 4-0 Win
Urban Sports July 10, 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