National

Rich Nations Fail to Raise U$100b Pledge For Climate Action

China is actively stepping in to collaborate with Africa on combating climate change while wealthier nations have failed to provide adequate financial support.

According to China, financial aid is not enough but Africa requires technology and expertise to combat climate change.

China’s leadership in electric vehicles, hydrogen energy, and carbon reduction offers a model for African countries seeking to transition to a green economy.

By deepening Sino-African partnerships in green development, the continent can chart a sustainable path forward—one that not only mitigates climate risks but also secures long-term economic prosperity.

With Angolan President João Lourenço assuming the AU chairmanship, Africa is expected to prioritize major infrastructure projects, including airports, ports, and railways.

“We will focus on infrastructure, energy, and improving the living conditions of our people,” Lourenço declared at the AU Assembly in Addis Ababa on February 15.

The United Nations Secretary-General António Guterres has emphasized that while Africa faces severe climate impacts, it also holds immense potential to lead the transition to a clean, low-carbon economy.

However, the continent currently attracts just 2% of global renewable energy investments, highlighting the need for financial and technological reforms.

Africa contributes the least to global greenhouse gas emissions, it remains the most vulnerable to climate change.

Extreme weather events, prolonged droughts, and rising sea levels threaten livelihoods across the continent.

Despite repeated promises, wealthier nations have failed to provide adequate financial support—such as the pledged $100 billion per year for climate action, which remains unmet. In response, African leaders must seek alternative partnerships to address these pressing issues.

Related Posts

Leave A Reply

Your email address will not be published.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

panen303