Africa needs $2.7 trillion to upscale climate adaptations – AfDB president

The president of the African Development Bank Group (AfDB), Akinwumi Adesina, has hinted that Africa will need $2.7 trillion to upscale climate change adaptation by 2030.

Mr Adesina made this known on Monday at the AfDB annual meeting themed:“Mobilising private sector financing for climate and green growth in Africa”, held in Sharm El Sheikh, Egypt.

“Africa is being shortchanged by climate finance. Africa is choking. Africa will need $2.7 trillion by 2030 to finance its climate change needs,” Mr Adesina said.