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When Africa’s leaders gather in Addis Ababa this week for the second Africa Climate Summit, the headline theme will be financing. Beneath that, however, lies a sharper demand: linking climate justice with debt reform.
Africa loses 5 percent of GDP annually to climate disasters. At the same time, many countries pay more to service debts than to fund health or education. New climate finance, offered mostly as loans, only deepens this trap.
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