Uganda Sees Climate Finance Needs at $28 Billion Through 2030

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Uganda estimates that it will need $28.1 billion to adapt to the effects of climate change and cut emissions until the end of the decade.

The funding, which will be managed through a newly established climate finance unit, is required for adaptation and mitigation measures in sectors such as energy, forestry and agriculture, the Kampala-based Finance Ministry said in a statement on its website. It plans to raise at least $4 billion domestically and source the balance externally.