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 * Inside Development
 * COP 27


PODCAST: COPCAST EPISODE #12: SOLOMON QUAYNOR ON CLIMATE FINANCING FOR AFRICA

In the twelfth episode of COPcast, Devex sat down with Solomon Quaynor,
vice-president for private sector, infrastructure and industrialization at the
African Development Bank to discuss the continent’s climate financing needs.

By Rumbi Chakamba, Naomi Mihara // 18 November 2022

The African continent loses between $7 and 15 billion a year due to climate
change. These figures are projected to rise to $50 billion by 2050. But the
continent receives only 3% of total climate financing globally.

At this year’s United Nations Climate Change Conference, dubbed Africa COP,
leaders from the continent called on the global community to move beyond
commitments to implementation.



In this episode of COPcast, Devex’s Associate Editor Rumbi Chakamba sat down
with Solomon Quaynor, vice-president for private sector, infrastructure, and
industrialization at the African Development Bank to discuss the continent’s
climate financing needs and the bank’s roadmap to get there.



“The 100 billion is not coming, we are not seeing a clear indication of that
coming. But nobody is waiting, we are seeing what we can do in spite of that,”
he said.

Listen on Spreaker, Spotify, Apple Podcasts, or search “Devex” in your favorite
podcast app.
 * Environment & Natural Resources
 * Funding
 * Banking & Finance
 * African Development Bank (AfDB)

Printing articles to share with others is a breach of our terms and conditions
and copyright policy. Please use the sharing options on the left side of the
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share tool ( ).


ABOUT THE AUTHORS


 * RUMBI CHAKAMBA
   
   Rumbi Chakamba is an Associate Editor at Devex based in Botswana, who has
   worked with regional and international publications including News Deeply,
   The Zambezian, Outriders Network, and Global Sisters Report. She holds a
   bachelor's degree in international relations from the University of South
   Africa.


 * NAOMI MIHARA
   
   Naomi Mihara is an Associate Editor for Devex, working on creative and
   audiovisual projects. She has a background in journalism and international
   development, having previously served as an assistant correspondent for
   Japanese newspaper The Yomiuri Shimbun and as a communications officer for
   the International Organization for Migration in Southeast Asia. She holds a
   master’s degree in Multimedia Journalism from Bournemouth University.


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