Posted on 03/15/2023 10:23:34 AM PDT by Oldeconomybuyer
From devastating cyclones and floods to an unrelenting drought, African countries are spending between 2% and 9% of their budgets to respond to extreme weather events, according to a report released by the United Nations on Wednesday.
A committee of experts shared the findings at the annual U.N. conference of African ministers of finance and economic planning in Addis Ababa, Ethiopia.
“Climate change is having a devastating impact on Africa’s economies, and the situation is expected to worsen in the coming years,” Antonio Pedro, the acting executive secretary of the U.N. Economic Commission for Africa told The Associated Press.
Climate change, alongside the war in Ukraine and a global economic slowdown have been identified as key factors that have led to Africa’s economic decline from a growth of 4.6% in 2021 to just 3.6% in 2022, the U.N. report said.
“Climate change has tremendous impacts in African economies and climate action is impossible without climate finance,” said Nemera Gebeyehu Mamo Ethiopia’s planning minister. “Leveraging climate finance can fight poverty and inequality in Africa.”
A pledge by rich nations to provide $100 billion a year in climate finance has not yet been fully met.
Pedro called on African countries to take matters into their own hands and raise funds by developing carbon credits, where companies and governments pay into reforestation schemes to offset their emissions.
(Excerpt) Read more at apnews.com ...
While China & India economies are doing fine.
Africa doesn’t have the infrastructure to support an ever growing population and deal with droughts, crop failures and destructive storms.
If Ethiopia suffered a famine 40 years ago with a population of 35 million, how are they to endure the same crop failures with a population of 125 million?
The economic climate is getting worse with every degree increase in Marxism.
Are you saying you aren't buying their claims of "devastating cyclones and floods to an unrelenting drought"? Are you some sort of denier?
Read:
Africa suffers from devastating corruption.
The leaders need another 100 millions to satisfy their appetite!
Because African economies have always been so robusr.
Uhh, just like weather has been doing since the dinosaurs.
You speak truth. South Africa is an excellent example of what you stated. What used to be successful country with many advances in the medical field and successful agriculture has turned into a disaster.
It is a result of the change in governance, nothing else.
East Palestine Ohio needs to declare a “ climate emergency”
More like declare itself a part of Ukraine.
Did the worlds largest desert just form? Did the monsoons just start to happen? Did the Equator just move to the middle of Africa? What about Africa has changed? 2000 years ago they had sand storms that swallowed entire cities. They had massive floods. They had dengue fever, yellow fever, dysentery for thousands of years. Exactly what has changed?
The cure all....MONEY...and the USA’s MONEY in particular.”
The left “hates” money, hates the rich and they hate people with money-—but the answer to everything is “money”. Make people rich using tax dollars for reparations.....making them rich. More stupid lying hypocrisy....
UN = Unbelievable Nonsense
Check the lifestyles of all those UN clowns that made this claim.
After you finish laughing, you can tell them to put up or STFU. When they to go a one room house, no cars, etc., we just might try to give a shi....er...Obama.
Because nothing will quite connect Cape to Cairo as much as climate change hysteria.
Africa’s problems are largely caused by their culture, not by “global warming” or skin color.
Coldest, rainiest first three months of January in a long
time here in Southern California, but yeah it’s ever so much
hotter this year. /s
This planet should be on suicide watch, because that’s
exactly what the WEF and Communists want to gain full
control.
All the little wolk folks are falling right into line.
They won’t last long under what is coming, if our direction
doesn’t change.
Blame it on the Bossa Nova.
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