Africa: Climate-ECA Reveals Africa Loses Up to 5 Percent of GDP

September 4, 2024--The United Nations Economic Commission for Africa (ECA), the World Meteorological Organization (WMO) and the African Union Commission, jointly announced the continent Africa needs urgent and increased investment in climate adaptation and resilience.

Launching the 2023 State of the Climate in Africa report in Cote de Ivory, the three giant institutions reveled that African countries are facing an escalating climate change bill, with an average loss of 2-5% of Gross Domestic Product (GDP) due to climate extremes, according to the UN Economic Commission for Africa-ECA's statement sent to The Ethiopian Herald.

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