Finance Ministers and Central Bank Governors from CFA franc ECOWAS member-states and the CEMAC bloc (Economic Community of West African States and Central African Economic and Monetary Community), have called for rigorous efforts towards environmental challenges and development funding viabilities for climate change. Climate change This is a prelude to the forthcoming United Nations Climate Change Conference in Paris (COP21), the first round table debate focused on climate change and the issues facing CFA franc zone member-states in Bamako on Thursday and made available to the GNA..
The participants agreed on the need for African countries to place greater impetus on climate funding and agreements for Africa.
According to Mr Hela Cheikhrouhou, Executive Director of the Green Climate Fund, Africa received just five percent of the total climate funding in 2014.
He said facilitating access to the climate investment fund as well as new mechanisms in the Green Climate Fund was crucial for combating the menace.
Mr Janvier Litse, Acting Vice-President for Country and Regional Programmes and Policy of the African Development Bank (AfDB) said the bank would continue to contribute to combating the effects of climate change on the continent.
He said this had culminated into the launch […]
