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Akufo-Addo to wealthy nations: Failure to honour climate change commitments disappointing

President Akufo-Addo says Ghana acknowledges the importance and effects of climate change and the urgent need to fight it

President Nana Akufo-Addo says poorer countries are disappointed by the failure of the wealthy nations to honour their commitment of providing US$100 billion to assist in the fight against climate change.

The president was speaking at the COP26 summit in Glasgow, Scotland on Tuesday (2 November 2021).

The president said, “Ghana acknowledges the importance and effect of climate change and the urgent need to combat it and we acknowledge equally the importance of developing our development. We believe that the balance must be struck and maintained between our social, economic and environmental imperatives.

“We are naturally disappointed by the failure of the wealthy nations to honour their commitments of making available US$100 billion annually to the poorer countries to assist us in the fight against climate change and by the unavailability of the technology transfer that will help us find sustainable ways of charting a path out of this existential crisis.”

Watch the full video below:

 

The $100 billion pledge

In 2009, the developed countries most responsible for global warming pledged to provide $100 billion each year by 2020 to help developing nations deal with the consequences of climate change.

That commitment still has not been met, generating mistrust and reluctance among some developing nations to speed up work towards their emissions reductions.

Leaders of countries such as Bangladesh, Barbados, Kenya and Malawi have also called richer nations to task for failing to deliver.

The G20 is responsible for roughly 80% of global greenhouse gases and a similar proportion of carbon dioxide, the gas produced by burning fossil fuels that is the main cause of the rise in global temperatures. These are triggering an increasing intensity of heatwaves, droughts, floods and storms.

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