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Climate vulnerability, underfunding could undo economic gains

Seeking partnerships: Serame says the country needs external partners to help fund climate resilience programmes PIC: KENNEDY RAMOKONE
Seeking partnerships: Serame says the country needs external partners to help fund climate resilience programmes PIC: KENNEDY RAMOKONE

DUBAI: Overlooking Botswana’s climate vulnerability and needs could be detrimental to the country’s adaptation plans as well as its overall economic status, Finance Minister Peggy Serame has told the COP28 meeting.

Addressing a United Nations Environment-themed session entitled 'Unleashing Climate Resilient Infrastructure Investments', yesterday afternoon at COP28, Serame stressed that Botswana’s classification as an upper middle-income country was constraining the semi-arid nation’s access to climate-related financial assistance.

“Climate finance is very important for climate resilient infrastructure,” she said. “When it comes to financing, Botswana’s classification as a high-income country comes at a cost. “There is a need to critically look at the needs, risks, and vulnerabilities because if we are not assisted Botswana might slip back.”

Editor's Comment
Khama, Masisi should rise above personal differences

Hurt as he may have been, former president Ian Khama, Sir Seretse’s senior son who was given an opportunity to speak on behalf of the Seretse family, couldn’t mince his words as he took advantage to shred his successor Mokgweetsi Masisi to pieces.He, however, did not clearly mention names but he referred to Masisi as the leader of a political party that was founded amongst others by his father.He would also address him as the former State...

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