Top Posts
Study shows climate change could make ‘droughts’ for...
Pakistan demands collective response in climate change fight
AfDB sets aside $40m to drive AGIA green...
Report: African cities move to address carbon-neutral development
Niger govt bans tree cutting, establishes agency to...
HEDA asks senate to hold IOCs accountable for...
FG issues flood alert for in 29 states,...
Lagos State Govt reassures residents over flash floods
NGO empowers women on climate resilience in Kaduna
Brazil launches COP30 accommodation platform after pressure from...
EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World
Africa

Adesina says Africa needs $277bn annually to tackle Climate Change

by admineconai May 1, 2024
written by admineconai May 1, 2024
908

Akinwumi Adesina, President of the African Development Bank, has said that the continent needs as much as $277 billion yearly to be able to address Climate Change.

Adesina made this known in his keynote address on Monday during the 50th anniversary of the Islamic Development Bank in Riyadh, Saudi Arabia.

In his address, despite the $277 billion needed annually, the continent gets only $30 billion yearly. He added that the Bank has set a target to raise $25 billion for climate adaptation by 2025.

“Africa will need $277 billion per year to address climate change, yet it receives only $30 billion annually. “AFDB has set a target to raise $25 billion for climate adaptation by 2025,” he said.

He maintained that the world needs $4 trillion annual financing to save Sustainable Development Goals.

story was adapted from Punch.

$277bnAdesinaAfricaClimate change
0 comment 0 FacebookTwitterPinterestEmail
admineconai

previous post
African leaders demand record World Bank financing to combat climate change
next post
Man arrested for allegedly kicking bison in Yellowstone park

Related Posts

AfDB sets aside $40m to drive AGIA green...

August 18, 2025

Report: African cities move to address carbon-neutral development

August 13, 2025

Researchers warn Africa could face 113 million climate...

May 23, 2025

Stiell says new NDCs are about growth, antidote...

May 21, 2025

AFDB, others move to address climate change

May 17, 2025

Report shows 2024 as hottest in Africa, warns...

May 12, 2025

Research shows two-thirds of global warming since 1990...

May 12, 2025

Survey shows Africans less likely to blame rich...

May 12, 2025

Magnitude 4.1 earthquake hits Marrakech

May 6, 2025

Eastern Caribbean youth call for co-leadership in climate...

April 16, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

  • Facebook
  • Twitter
  • Instagram
  • Linkedin
  • Bloglovin
  • Vimeo

@2021 - All Right Reserved. Designed and Developed by Eco-Nai+

EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World