By Bright Ntramah
President Akufo-Addo has described Climate Change as a “global emergency” and urged the developed world to redeem a 13-year-old pledge to make available $100 billion annually to help developing countries fight the scourge of climate change.
Delivering Ghana’s national statement at the ongoing United Nations Climate Change Conference, more commonly referred to as Conference of the Parties of the UNFCCC, or COP27, President Akufo-Addo bemoaned the fact that climate adaptation costs are currently outstripping current international public finance flows.
President Akufo-Addo noted that extreme climate occurrences, such as severe precipitation and floods, prolonged droughts, and heat waves, are happening all over the world, both in the developed and developing worlds.
Ghana is about to launch projects which will tackle climate change at global and domestic levels.
As President of the Climate Vulnerable Forum, the President expressed delight at the announcement made by the Managing Director of International Monetary Fund, Kristalina Georgieva, on the operationalisation of the Resilience and Sustainability Trust (RST), to help vulnerable countries meet their long-term challenges.
