\n
![](\"https:\/\/static.africa-press.net\/tchad\/sites\/41\/2024\/03\/sm_1709786203.608294.jpg\")
\n\u201c Although the continent’s emissions are low compared to other regions of the world, climate change costs African countries 5% of their gross domestic product (GDP) each year ,\u201d said Hanan Morsy. According to her, Africa needs $2.8 trillion in investments in clean energy by the end of the current decade.<\/p>\n
These needs contrast with the inability of African countries to mobilize sufficient funding to fight climate change. A situation which can be explained, according to the deputy executive secretary and chief economist of the United Nations Economic Commission for Africa, by their very high debt levels.<\/p>\n
\u201c The situation is further aggravated by a heavy public debt of the countries of the continent which spend more on servicing their debt than on climate action, and pay interest 1.7 percentage points higher than the world average \u201d, specifies -she.<\/p>\n
To overcome this financing gap in the fight against climate change, the Economic Commission for Africa (ECA) through its executive secretary, Claver Gatete, has called for a reform of the global financial architecture and an overhaul of the sovereign risk assessment system of African countries.<\/p>\n
![](\"https:\/\/static.africa-press.net\/tchad\/sites\/41\/2024\/03\/sm_1709786234.532012.jpg\")
<\/p>\n
\u201c We need to address the problem of unfair risk perceptions and credit ratings that provide Africa with limited borrowing options ,\u201d he said.<\/p>\n
According to data from the United Nations Development Program (UNDP), African countries could save up to $74.5 billion if credit ratings were based on less subjective assessments.<\/p>\n
Pour plus d’informations et d’analyses sur la Tchad<\/a>, suivez Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Maxime KABORE Africa-Press – Tchad. D\u2019ici la fin de la de\u0301cennie en cours, le de\u0301ficit de financement de la lutte contre le changement climatique en Afrique s\u2019e\u0301le\u0300vera a\u0300 2500 milliards de dollars, selon la secre\u0301taire exe\u0301cutive adjointe et e\u0301conomiste en chef de la Commission e\u0301conomique des Nations unies pour l\u2019Afrique (CEA), Hanan Morsy. Elle s\u2019exprimait […]<\/p>\n","protected":false},"author":82,"featured_media":60232,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,10],"tags":[37,292,29],"class_list":["post-60233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economie","category-toutes-les-actualites","tag-africa-press","tag-africa-press-tchad","tag-tchad"],"yoast_head":"\n