We will go through all the stages of resistance

Nairobi, Kenya

What Africa needs from the World Bank annual meetings

What Africa needs from the World Bank annual meetings
What Africa needs from the World Bank annual meetings

$1 spent on climate adaption can yield up to $10, not to mention immeasurable other benefits, yet efforts remains chronically underfunded. [[https://africanarguments.org/2023/10/what-africa-needs-from-the-world-bank-annual-meetings/]]

Morocco’s Marrakech is a magical place for tourists from around the world. This month, the hope is that it will deliver something magical for its fellow Africans at the upcoming World Bank annual meetings. This anticipated gathering will witness the global fraternity descending upon the Ochre City to contemplate the pressing global financial situation.

In Africa, the need to urgently scale up climate adaptation finance is a matter of profound and urgent importance that looms large over the region. A new report by the Global Centre on Adaptation finds that the continent is projected to lose up to $6 trillion in economic gains by 2035 due to a lack financing to help communities reduce risks from climate hazards.