Environment

Environmental Investment Fund’s Libanda warns climate finance shortfall could worsen

today6 March, 2024

Background

The United Nations Economic Commission for Africa has warned the continent faces a N$ 47 trillion climate finance shortfall by 2030. UNECA executive secretary, Claver Gatete, says only two percent of global clean energy investments reach Africa. Environmental Investment Fund CEO, Benedict Libanda says the shortfall will likely increase.

Written by: Tonata Kadhila