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Kenya faces $62bn bill to mitigate climate-linked hunger, drought and conflict
Country accounts for less than 0.1% of global emissions but suffers disproportionately from related disasters, say new reportKenya needs $62bn (£46bn) to mitigate and adapt to the climate crisis in the next 10 years, according to a government document sent to the UN framework convention on climate change. It equates to almost 67% of Kenya’s GDP.The report illustrates the scale of the challenge as the country aims to cut greenhouse gases by 32% within the next decade. It will rely on international sources to fund close to 90% of the expenditure. Securing such a colossal amount of often contentious climate financing from rich countries yet to honour their commitments to the $100bn target pledged during the 2015 Paris agreement will be a tall order. Continue reading...
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