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Wednesday, December 4, 2024
BusinessClimate polluter nations must pay up for losses – Action Aid

Date:

Climate polluter nations must pay up for losses – Action Aid

Country Director of ActionAid Ghana, John Nkaw, has urged wealthy polluter nations to shoulder financial responsibility for the harm that climate change
causes to the most vulnerable and underdeveloped nations.

Addressing attendees at the National Climate Change Seminar in Accra, Mr Nkaw stated that the startling shifts in the climate are
having a toll on scores of farmers in vulnerable nations like Ghana, thus the need for developed countries to support vulnerable countries.

“These sad realities demand our collective action to prevent a further increase in the wealth gap. We must continue our campaign for the establishment of an
international financing facility to help vulnerable countries recover and rebuild in the aftermath of climate disasters,” he indicated.

However, he added that regular and diverse climate change research is critical to improving stakeholders’ understanding of adaptation. Engaging in such research, he said, will also influence private and public activities to attract investors to vulnerable communities.

“The net effect of ongoing climate change is affecting agricultural production. These changes have impacted negatively on people
already living in poverty, who have become vulnerable to prolonged droughts, floods among other climate-induced impacts,” he added.

The seminar helped to raise awareness of the effects of climate change on farm households, facilitate interaction with government agencies, and publish research findings on Ghana’s climate change situation.

Climate change, which impacts both developed and developing countries, remains one of the world’s greatest threats. Despite contributing the least
to existing global climate action interventions, Africa is one of the continents most vulnerable to climate-related disasters.

According to the most recent study from the UN’s climate panel, the harmful effects of climate change are intensifying faster than scientists predicted less than ten years ago.

It stated that while many effects are unavoidable and will disproportionately affect the world’s most vulnerable populations, governments working together to reduce greenhouse-gas emissions and prepare communities for climate change could still prevent the worst outcomes.

According to the Ministry of Finance (MoF), the impact of climate change on agriculture and the environment was estimated at US$6.3 billion in 2017.

The African Development Bank has disclosed that the continent will require approximately $3trillion for climate adaptation programs by 2030 in order for
African economies to enact national commitments.

On the other hand, the World Bank report on Ghana’s climate risk profile predicts that the country’s average temperature will rise by 1°C to 3°C by mid-century and 2.3°C to 5.3°C by the end of the century.

It added that the country’s northern and inland areas are likely to be warm on a regular basis. Meanwhile, the World Bank has offered Ghana a $3 million grant to shield local communities from the impacts of climate change.

This was announced by President Akufo-Addo when giving a speech at Ghana’s pavilion at the ongoing 27th United Nations Conference on Climate Change (COP27), on Wednesday, November 10, 2022.

People present at the conference were Lands and Natural Resources, Samuel Abu Jinapor; Energy, Dr Matthew Opoku Prempeh, other state officials and the Minister of Environment, Science, Technology and Innovation (MESTI), Dr Kwaku Afriyie.

 

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