RESOLUTIONS OF COP 25 & 26: A CRITICAL LOOK AT THE ECONOMIC IMPLICATION FOR AFRICA.
Abstract
Climate change is a global challenge with far-reaching implications, particularly for developing nations. This paper delves into the impacts of climate change on the overall economy of poor countries, emphasizing its potential to hinder economic growth. The research methodology employed in this study involved a comprehensive analysis of literature and existing data collection. The study provides the analysis of the economic implications of the resolutions of COP 25 and 26 on the African continent. Africa, despite contributing minimally to greenhouse gas emissions, faces extremely severe consequences of climate change. It also draws attention to the profound impacts of climate change on Africa, highlighting its vulnerability and exposure to extreme weather events and agricultural disruptions. The paper examined the key resolutions and outcomes of COP 25 and 26, emphasizing the significance in shaping global climate policy. The findings show the fact that, despite the resolutions of COP 25 and 26 making progress in the global battle against climate change, inequitable resource distribution and knowledge transfer continue to limit Africa’s capacity for effective mitigation and adaptation.