• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, August 20, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Africa

Kenyatta Suggests Climate Change May Cut Africa GDP By 30% By 2050

Maynard Championby Maynard Champion
October 27, 2021
Reading Time: 3 mins read
Add as Preferred on Google
Kenyatta Suggests Climate Change May Cut Africa GDP By 30% By 2050

Uhuru Kenyatta

Kenya’s President, Uhuru Kenyatta, has speculated that Africa’s Gross Domestic Product could contract by as much as 30% by the year 2050, if urgent actions are not taken for the continent to adapt to climate change.

President Kenyatta, in an address at an event hosted by the Global Center on Adaptation, noted that an investment in Africa and other developing countries in climate change programs will go a long way to help them.

“An investment of $800 million in developing countries, in climate adaptation programs, would see and result in benefits of up to $16 billion per year.”

President Kenyatta

While African countries contribute relatively little to climate change in terms of carbon emissions, they are among the hardest hit, partly because, they rely heavily on rain-fed farming. Rising temperatures and sea levels — as well as rainfall anomalies — have heightened the frequency and intensity of natural disasters.

It is no coincidence that most disasters in Africa are flood-related, although drought has the greatest impact, affecting five times the number of people, said Patrick Verkooijen, Chief Executive Officer of the Global Center on Adaptation.

ADVERTISEMENT

President Kenyatta, disclosed that, Kenya, like other Sub Saharan African countries, which are battling a severe drought, has committed to invest about $8 billion over the next decade on climate-change adaptation projects. However, he noted that the investment is 10% of what it needs to spend as part of commitments under the Paris Agreement, also known as Nationally Determined Contributions. He stated that his country is looking for partners to help fund the rest.

The Washington-based lender, the World Bank, stated on Wednesday, October 27, in a statement that it has approved $150 million for climate projects in Kenya. The International Development Association credit will support projects to boost resilience against climate change in Kenya’s rural communities. There’s also a $21.4 million grant from Social Sustainability Initiative for All Umbrella Multi-Donor Trust Fund with resources from Denmark and Sweden.

Nicholas Soikan, World Bank Senior Social Development Specialist and Task Team Leader, noted that the fund is target at those in the hinterlands and are worst hit.

“Communities in rural areas, especially those in arid and semi-arid regions which have been affected by the impacts of climate change such as droughts and floods, outbreaks of climate-related diseases, low farmland productivity, and declining livestock, will be the primary beneficiaries of the program.”

Nicholas Soikan

However, climate is simply the average weather in a place over many years. Climate change is a shift in those average conditions. The rapid climate change we are now seeing is caused by humans using oil, gas and coal for their homes, factories and transport. When these fossil fuels burn, they release greenhouse gases – mostly carbon dioxide (CO2). These gases trap the Sun’s heat and cause the planet’s temperature to rise.

The world is now about 1.2C warmer than it was in the 19th Century, and the amount of CO2 in the atmosphere has risen by 50%. If climate change is not checked early enough, it will lead to devastating consequences than we are witnessing today in the form of flood, sea rise and others.

ADVERTISEMENT
  • Earth surface
The Earth view from space

READ ALSO: Malian Junta Orders ECOWAS Convoy to Leave the Country

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Climate ChangePresident Uhuru KenyattaWorld Bank
Please login to join discussion
Previous Post

Re-Engineer Educational Curriculum to Meet New Demands -Akwasi Gyimah

Next Post

Man Invents Pot that can Cook two Meals at the Same Time

Related Posts

A guard of South Sudan People's Defence Forces
Africa

South Sudan Faces Renewed Atrocities Risk Ahead of Elections

August 20, 2026
Bundibugyo Ebola Virus
Africa

DR Congo Secures 70,000 Ebola Vaccine Doses as Outbreak Escalates

August 20, 2026
Nigeria’s Independent National Electoral Commission (INEC)
Africa

Nigeria’s Presidential, Governorship Candidates Face ₦571bn Spending Cap

August 20, 2026
Finance Minister Taiwo Oyedele
Africa

Tinubu’s Reforms Stabilised Economy – Nigeria’s Finance Minister

August 19, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

IMG 4750 e1787254799859

GIPC and NCC joins Forces to Drive Investment into Ghana’s Cultural Infrastructure

August 20, 2026
CMC Launches 24 Hour Framework e1787247881844

CMC’s New 24-Hour Framework Targets Faster Cocoa Export Turnaround

August 20, 2026
shutterstock 2486799965 scaled e1740370844946

US Approves Qatar Aircraft Sale

August 20, 2026
Registrar of the Medical and Dental Council, Ghana, Dr. Divine Banyubala

Mahama to Open AMCOA Conference as Africa Pursues Safer Healthcare

August 20, 2026
download 2

USS George Washington Arrives In Middle East

August 20, 2026
ADVERTISEMENT
Next Post
An innovative man who appears to be middle-aged is going viral on social media after an invention he made for the kitchen was shared online. The man's identity is not disclosed but many people are excited over the fact that he was able to design a locally-made saucepan that has two compartments.

Man Invents Pot that can Cook two Meals at the Same Time

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.