Nigeria’s Vice President, Yemi Osinbajo has said that Africa needs international support to be able to tackle the challenge of climate change in the continent.
Osinbajo stated this on Friday while delivering a special address at the virtual edition of the 2022 World Economic Forum featuring leaders from across the world.
He noted that while Africa contributes least to climate change, the continent has been most negatively affected by it.
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He called on the international community to meet its pledge recently re-affirmed at COP-26 of providing $100 billion annually in climate finance to support climate change efforts in developing countries.
The VP explained that “although we in Africa are working towards the globally accepted net-zero future, we are also conscious that our energy needs are increasing with the growth in our economies”.
He maintained that although the creation of $650 billion in new Special Drawing Rights last year was a step in the right direction, a lot more needs to be done to enable African and other developing countries to access the SDRs that are not needed or being used by developed or emerging economies.
