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Home » Why the West owes Africa $100 billion for climate recovery, By Chukwumerije Okereke

Why the West owes Africa $100 billion for climate recovery, By Chukwumerije Okereke

Why the West owes Africa $100 billion for climate recovery, By Chukwumerije Okereke

Given the role of rich countries in imposing the risk of climate change and COVID-19 pandemic on Africa, it is arguable that 50 per cent of the projected $200 billion cost of climate change to Africa should be borne by rich countries.

Given the role of rich countries in imposing the risk of climate change and COVID-19 pandemic on Africa, it is arguable that 50 per cent of the projected $200 billion cost of climate change to Africa should be borne by rich countries. This would imply that rich countries owe Africa at least $100 billion for climate related loss and damage and several billions to help boost recovery from the COVID-19 pandemic.

This week, as about 100 world leaders gather to attend the 76th session of the United Nations General Assembly (UNGA 76), a call for rich countries to urgently scale-up assistance to help Africa address the twin challenges of climate catastrophe and impact of the COVID-19 pandemic is required. With the largely successful vaccination campaign in most of the rich countries and the recent event in Afghanistan, there is a tendency that the need to help Africa address the impact of COVID-19 and get on the path of green and climate-resilient economic recovery could be relegated in the agenda of the world leaders.

Only recently, because of the unprecedented floods in Western countries, including Spain, Germany, and the United States of America, rich countries are beginning to awake to the devastating impact of climate change and the need for emergency measures to deal with climate change-induced loss and damage within their territories. However, Africa, the Small Island States and many poor countries around the world have long been living with the crippling impact of climate change and much of this impact has not been fully appreciated by the rich countries, who are mostly responsible for the change of the climate.
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