African cities need billions to fight climate change

Economic news

Billions of dollars are needed to prepare Africa’s cities for climate change and to turn urban centers into engines of green growth according to a report released by the Coalition for Urban Transitions.  The report, based on an analysis of cities in Ethiopia, South Africa, and Kenya, which combined represent 18 % of Africa’s urban population, notes that investing in climate readiness in African cities will have immense economic gains. Across the 35 major cities in the 3 countries, delivering more compact, clean and connected development would require an additional investment of 280 B$ but would produce a return of more than 1.1 trillion by 2050.

Source : CGTN Africa

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