Young Climate activists from Africa have called on wealthy nations to fulfil their climate finance commitments of $100 billion a year to help manage effects of climate change.
The activists have called on the wealthy nations to ensure the money is invested directly into the communities most affected by climate change as grants and not loans to avoid soaring Africa’s debt levels.
The Young Climate Activists have made the calls at the ongoing Climate Change Conference of Parties – COP27 in Sharm El-Sheikh, Egypt.
“The $100 billion bill promised to vulnerable climate countries is now overdue for payment, African countries are dealing with the pain of loss and damage from climate change even though they didn’t significantly contribute to the carbon emissions causing the problem. The wealthy nations, who caused the climate crisis, must show leadership in providing climate finance, ‘’ reads a Statement by Young Climate Activists.
In an interview with MIJ Online, Climate Activist Charles Bakolo, who is Malawi Creation Care Network Voluntary Coordinator said they are asking for compensation and not handouts.
“The 100 billion dollars was a commitment from the rich countries to the poor countries. We are asking for compensation for damages and loss of lives in the climate crisis, as a result of the profligacy of these developed countries. Those that emit carbon dioxide that is causing climate events, should pay,” said Bakolo.
