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.”