ix Africa accounts for only 3% of global climate finance, amounting to about $20 billion in 2020. Yet, according to the African Development Bank’s 2022 Africa Economic Outlook, based on an aggregation of its NDCs, Africa’s needs are estimated at an average of $127 billion per year through to 2030. The Bank therefore seeks to increase Africa’s access to global climate finance from the current 3% to 10%
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