“When it comes to renewable energy, only two percent of the US$3 trillion invested worldwide over the last twenty years have made their way to Africa. If we can shift the balance on climate finance to Africa, I believe this continent can become a defining force in low carbon sustainable...
No climate action is possible without climate finance
Dr Al Jaber noted that climate finance is essential for each workstream of the Paris Agreement, from mitigation to adaptation, and that these resources are particularly needed in the Global South, which has historically received an insufficient share of available resources.
