Henry Musasizi backs climate finance despite global energy crisis
By the AFREEQUE newsroom, based on Nile Post
Ugandan Finance Minister Henry Musasizi has urged his counterparts to maintain investment to strengthen climate resilience despite pressure from the global energy crisis. He was speaking in Bangkok at a meeting of 103 finance ministries, on the sidelines of the annual meetings of the World Bank and International Monetary Fund, according to Nile Post.
Uganda’s Minister of Finance and Economic Development, Henry Musasizi, called on his counterparts to preserve investment in climate resilience despite pressure from the global energy crisis on public budgets. He was speaking on Wednesday 14 October 2026 in Bangkok, Thailand, where he chaired the 16th ministerial meeting of the Coalition of Finance Ministers for Climate Action, according to Nile Post.
Henry Musasizi also called for stronger international cooperation on climate finance to protect the investment needed for long-term economic development. He warned that rising tensions in energy markets threatened to divert public resources towards immediate needs, according to Nile Post. This position is in line with debates on fiscal discipline advocated by Uganda.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
