The collective #ClimateAction commitments of #G20 governments are coming far too little & far too late.
We are in a life-or-death struggle for our own safety today & our survival tomorrow.
@aoteh Private sector climate finance tools include green bonds, sustainability bonds, commercial bank lending, social bonds, green asset backed securities, other ESG and financial instruments
@aoteh Examples of sources of climate finance - multilateral organizations, private sector, ESG capital markets, carbon markets, taxpayers, fees and tariffs imposed on emitters, philanthropies
According to @IEA#Africa will need around USD 133 billion annually in clean energy investment to meet its energy & climate goals between 2026–2030 - @climatepolicy @FSDAfrica Sept 2022 Report by Landscape of Climate Finance in Africa. @MarkNapier3 CEO #FSDAfrica to discuss
Climate change seems to have been dropped as a priority by many decision makers around the world.
This week at #UNGA, I am calling for global #ClimateAction to reverse this trend.
We don’t have much time to turn things around.
Africa contributes the least to global emissions (3% compared to over 20% in other regions) but pays the highest price of #Climatechange. Africa is the most vulnerable region to the impacts of #ClimateCrisis@aoteh#DrArunmaOtehSpace https://t.co/dE76zZg0iX
Just Transition = Climate Action + Social Inclusion
Just transition is ensuring no one is left behind while transitioning to a low-carbon economy
#ABC of #Climatechange@aoteh#DrArunmaOtehSpace https://t.co/dE76zZfstp
early warning systems, climate-resilient infrastructure, improved agriculture, global mangrove protection along coastlines and resilient water resources. @aoteh#climatechange#twitterspace
Globally, a $1.8 trillion investment in five areas could generate $7.1 trillion through a combination of avoided costs and a variety of social and environmental benefits. The five areas are :
#thread#DrArunmaOtehSpace https://t.co/dE76zZfstp
The #ParisAgreement is a legally binding international treaty adopted by 196 parties in 2015. Its goal is to limit global warming to below 2 degree Celsius and undertake efforts to combat #climatechange@aoteh#DrArunmaOtehSpace https://t.co/dE76zZfstp
A recent report co-authored by the @IEA estimated that annual investments of about $1tn in renewables is needed to supply clean power to the world’s growing population and avoid the catastrophic effects of #climatechange@aoteh#DrArunmaOtehSpace https://t.co/dE76zZg0iX