COP31 Must Deliver Usable Climate Finance for Africa, Opinion Argues
Climate finance must reach African countries on terms they can actually use, according to an opinion published by Climate Home News. The piece contends that what matters is not where negotiations take place or what is pledged, but whether funds arrive in a form that enables implementation.
Developing countries will need an estimated USD 305 billion annually for adaptation alone by 2035, the article states, citing the latest UN Adaptation Gap Report.
The authors call for direct access to climate finance so that resources reach the institutions and communities that must deploy them. They also demand mechanisms to track whether commitments are met.
Source: climatechangenews.com (opens in a new tab)1 sourcePermalink