“Africa benefits from less than 5% of global climate financing despite suffering disproportionately from climate change. There is an urgent need for developed nations to expand climate finance pledges.”
— Dr Philip Osano, SEI Africa Centre Director
Although Africa produces less than 4% of the world’s carbon emissions, it continues to witness some of the worst hazards of climate change, with temperatures rising faster than the global average. A 2019 World Meteorological Organization report warned that a temperature rise of 4°C relative to pre-industrial levels could reduce Africa’s GDP by up to an uncomfortable12.12%.