Samia Suluhu differs with Ruto on over-reliance on foreign financing
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President Samia Suluhu calls for an alternative strategy on climate financing instead of relying on foregn aid as advocated by Ruto
President Samia Suluhu calls for an alternative strategy on climate financing instead of relying on foreign aid as advocated by Ruto.
Tanzanian President Samia Suluhu differed with President William Ruto over his strategy for climate financing during the East Africa Community (EAC) Heads of State meeting in Arusha.
President Samia Suluhu of Tanzania during the Heads of State summit of the East Africa Community (EAC) in Arusha differed with President William Ruto on his approach to finance climate change .
Speaking at the Climate Change Summit, Suluhu said rather than relying on wealthy nations, her colleagues in Africa should concentrate their efforts on generating their own resources to address the global issue.
Without mentioning names, Suluhu pointed out that the programs tackling climate change would be derailed by reliance on the international community.
Suluhu cited some of the promises that were yet to be fulfilled by other countries, especially those in Europe, in her defence.
“It is high time that we as Africans stop depending on others and come up with strategies to have our own resources for climate financing. Because if we depend on others, then we will get derailed.
“Right now, we are heading to COP28 but the finances promised in the previous ones have not yet come. For all those nationally determined contributions, let us go and implement them,” she opined.
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Ruto has been championing reforms at various international institutions with regard to climate financing to help Africa address adverse effects of climate change.
President Ruto has also been leveraging carbon credits to raise finance for climate change programmes.
Speaking at the EAC meeting, Ruto called for a concerted effort to push for climate financing reforms at the COP28, which is scheduled to take place in Dubai from November 30 until December 12, 2023.
“At COP 28, Africa will be calling for a new financial charter that will reform the current international financial system, which is an impediment to the inclusive and sustainable development required to mitigate climate change.
“Africa has immense renewable energy reserves and the largest swathes of uncultivated arable land in the world, resources that are enough to lead a new era of green industrialization for the world,” Ruto’s statement dated November 24 read in part.
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