Financing of climate change projects across Africa should not put the continent back into debt, for this reason, funding for adaptation and mitigation should be in the form of grants, the deputy executive secretary of the United Nations Framework Convention on Climate Change (UNFCC), Mr Ovais Sarmad has said. Speaking on the side-lines at the Africa Climate Week (ACW) in Libreville, Gabon, Mr Sarmad said, the World Bank, International Monetary Fund (IMF) and the Africa Development Bank (AfDB), are all involved in the provision of financing to climate adaptation projects…
Read MoreAssist Africa’s Fight Against Climate Change With Grants, UNFCC to Partners
