The President, African Development Bank Group, Dr Akinwumi Adesina, has said that Africa lacks the resources to tackle climate change as the continent receives only three per cent of global climate financing.
This was contained in a statement by the bank’s Abuja office.
It was also disclosed that the bank plans to provide$12.5bn to support the Africa Adaptation Acceleration Program.
The African Adaptation Acceleration Programme, which is supported by African Heads of State, was established to mobilize more resources for climate change, to advance the objectives of the African Adaptation Initiative.
