The World Bank is preparing to launch an ambitious investment plan at the forthcoming COP21 UN Climate Change Summit in Paris outlining its goal of raising $16.1 billion in order to tackle climate change in Africa. According to details laid out in the plan, the entire African continent will require around $5-10 billion a year in order to adapt to a world where global temperatures have increased by two degrees Celsius. A far cheaper and safer alternative, the World Bank says, is to find the money now that can help Africa preemptively tackle the effects of future climate change. The Africa Climate Business Plan will suggest to world leaders, development organizations and private investors that a focus on scaling-up low carbon energy sources such as solar PV and geothermal will give the continent a fighting chance of avoiding ...Den vollständigen Artikel lesen ...