Africa – Growth Story – Post Pandemic

  • 17% of global population
  • Average 3% of CO2 emission historically
  • Africans pushed into extreme poverty (2021) – 30 million
  • Jobs lost (2021) – 22 million
  • No better signs for 2022 and 2023

Post Pandemic recovery – Russia-Ukraine was could make a dent for years

  • Africans who can be pushed into extreme poverty in 2022 – 1.8 million
  • Africans who can be pushed into extreme poverty in 2023 – 2.1 million

What Africa needs or the additional financial needs

  • For 2020-22 – $432 billion

Expected losses due to climate control pledges

  • $1.3 trillion – between 2022 and 2030 – the financial impact on the African continent –  on collective action on climate change
  • 5% to 15% – GDP loss to the African continent to climate change
  • $18.3 billion – climate finance to African countries – between 2016 and 2019
  • $1288.2 billion – the climate finance gap the African countries are facing (2020 to 2030)

(African Development Bank)

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