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ECOWAS Targets $294 Billion Climate Finance Gap, Moves to Unlock W’Africa’s Carbon Market Potential

Michael Olugbode in Abuja The Economic Community of West African States (ECOWAS) has stepped up efforts to establish a regional carbon market platform as the bloc seeks to bridge a

  • ECOWAS aims to close $294 billion climate-finance gap in West Africa.
  • Regional carbon market platform to be developed during Abuja workshop.
  • Vulnerable to temperature rise of 1.5°C to 3°C by 2050 and potential displacement of 32 million.