According to United Nations Environment Programme, Africa will spend between $7-15 billion per year by 2020. This is because policy makers are gripped by the global warming and climate change issues that are believed to be threatening the coastal life in Africa and could impact a range of industries including farming, tourism and fishing.
It is said that if global temperatures rise by around 3.5 to 4 degrees centigrade over the next few decades, these could lead to a catastrophic fate for the most vulnerable countries and even damage the prospects of rich states.
Efforts to rein in climate change in recent years have been scuttled by many developed and developing countries, which have made a conscious effort to pursue growth at the expense of the environment. The UNEP report states that even if the world does manage to get on track to keep warming below 2°C, Africa’s adaptation costs will still hover around USD 35 billion per year by the 2040s and USD 200 billion per year by the 2070s – with total costs reaching 1% of the continent’s GDP by 2100.
“Missing the 2°C window will not only cost governments billions of dollars but will risk the lives and livelihoods of hundreds of millions of people on the African continent and elsewhere. Even with a warming scenario of under 2°C by 2050, Africa’s undernourished would increase 25%-90%. Crop production will be reduced across much of the continent as optimal growing temperatures are exceeded. The capacity of African communities to cope with the impacts of climate change will be significantly challenged.” said UN under-secretary general and UNEP executive director, Achim Steiner.