Africa Requires US$70bn to Fight Climate Change

For Africa to effectively tackle the growing challenges of climate change currently holding every part of the world to ransom, the continent is in dire need of not less than $70 billion annually to mitigate the impact of the scourge. This is the view of Africa Environmental & Economic peace Mission (AEEPM).

Deputy national coordinator of the group, Rosemary Ijeoma Okenwa, says that the recent UN Climate conference which was held from 28 September to 10 October 2009 in Bangkok, Thailand, failed to reach an agreement on key issues slated for discussion.

"Little progress was made on mid-term targets for emission reduction by developed countries and there was no clarity in important issues such as financing and additional actions to be taken by developing countries like Nigeria,” argues Okenwa.

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