Lamola calls for reforms on climate change financing based on emissions

By Akani Nkuna

International Relations Minister Ronald Lamola has called for reforms to the way global climate finance is structured, saying funding should reflect how much regions contribute to the phenomenon. He warned that Africa is being unfairly penalised despite contributing the least.

“Africa also receives less than 5% of the global financing on climate change, and [yet] we are disproportionately affected by climate change as the African continent. But we least contribute to it because we are the less industrialised,” he said.

“The entire global financial architecture also has to be reformed to reflect this reality. The money we receive for climate change and mitigation should be proportional to the level of climate change in our continent.”

Lamola was speaking at The Time Africa Impact Dialogue on Thursday held in Hill on Empire, in Johannesburg.

The event brought together African leaders, innovators and policy makers ahead of the