Audio By Carbonatix
President Akufo-Addo has described as unfair, calls for Africa to halt the exploitation of its natural resources as a way of contributing to fighting climate change.
Speaking at the 2021 United Nations Climate Change Conference, also known as COP26, the President asked world leaders how they expect Africa to finance its challenges without exploiting its natural resources.
"Agriculture, water, energy, and the extraction of mineral resources are essential drivers of development in our countries but, at the same time, are characteristically sensitive to changing climate.
"The African Development Bank has stated that the continent will need some $3 trillion "in mitigation and adaptation by 2030" to enable us to implement our nationally determined contributions.
"The obvious question arises as to how do we, in Africa, finance these commitments, especially as our socio-economic development continues, unfortunately, to be low," he said.
He added, "The Almighty has blessed our lands with abundant natural resources, and it would be wholly unfair for the world to demand that Africa abandons the exploitation of these same resources needed to finance its development and help us to cope better with the threat of climate change."
President Akufo-Addo also mentioned that although Africa contributes less than four per cent of emissions in the world, the continent is the most affected by the adverse effects of climate change.
He explained that the African continent suffers the most because, "our agrarian and resource-driven economies are peculiarly susceptible to the effects of climate change, and our capacity to withstand its shocks, is weak."
Latest Stories
-
Journalists look back on a decade of breast cancer reporting in Ghana
32 minutes -
President Mahama ends Resetting Ghana tour of Ahafo Region
2 hours -
African negotiators seek delivery of climate commitments at COP31
2 hours -
BoG develops AI rules for financial sector
2 hours -
‘Big Push’: Government assures contractors of prompt payments
3 hours -
Court fines miner for breaking into gold buying shop
3 hours -
Tarkwa court jails labourer for three years over GH¢123,000 theft
4 hours -
GAEC must retain nuclear scientists for Ghana’s nuclear ambitions – Minister
4 hours -
Man reportedly mistaken for game and shot by hunter dead in forest
4 hours -
19-year-old mason jailed 15 years for defiling seven-year-old pupil
4 hours -
Ghana’s banking sector assets rise 20.47% to GH¢500.2bn – BoG Governor
4 hours -
22 injured as Sprinter bus overturns at Sege after tyre burst
4 hours -
UN housing expert urges Ghana to strengthen Rent Control Department amid housing affordability concerns
5 hours -
Delta-BCI partnership reaches 166,000 people with breast cancer education
5 hours -
Power restoration fault suspected in Kumasi Central Market fire
10 hours