Africa to turn climate challenges into opportunities.

Position:BRIEFS - Brief article
 
FREE EXCERPT

Obiageli Ezekwesili, World Bank vice president for the Africa region, has said climate change is adding to an already tough set of development challenges for the continent. Sub-Saharan Africa alone will need to find another $i4-i7bn a year between now and 2050 to fight climate change, according to a recent World Bank study.

However, if Africa's economies continue to grow at the present rate, the continent's GDP could double in about 12 years. She has said this provides Africa with a unique opportunity in building roads, cities and ports for the future. Its growing cities can be low-carbon and agriculture can become climate-smart and thereby, more productive.

The World Bank Group has planned investments of around $7bn to support Africa's efforts to deal with climate...

To continue reading

REQUEST YOUR TRIAL