African political and business leaders have adopted a declaration to address climate challenges in Africa on the final day of a major climate summit in Kenya’s capital, Nairobi
The adoption, announced yesterday by the summit’s convener, Kenyan President William Ruto, proposes new global taxes and reforms to international financial institutions to help fund climate change action in a declaration that will form the basis of their negotiating position at November’s COP28 summit.
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The Nairobi Declaration capped the three-day Africa Climate Summit which was dominated by discussions of how to mobilise financing to adapt to increasingly extreme weather, conserve natural resource.
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