15% Africa’s GDP lost to climate change

THE African Development Bank (AfDB) group acting chief economist and vice president Kevin Urama says Africa has been losing between 5% and 15% of its gross domestic product (GDP) per capita growth due to climate change and its related impacts.

As a result of these losses, the bank found that the continent needs about US$1,6 trillion between 2022 and 2030 to meet its nationally determined contributions.

Urama was speaking during a panel discussion titled African Countries Ownership in Determining Climate Agenda on the side-lines of the Egypt International Cooperation Forum in Cairo, held last Wednesday.

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