Liberia received only $213 million under its climate plan
By the AFREEQUE newsroom, based on Front Page Africa
Illustrative image · B · Licence PexelsLiberia had received only $213 million of the $573 million identified in its previous climate plan by the end of 2024, and several key projects, including a $10 million climate information system and Monrovia’s coastal protection, remain delayed. At COP31 in Antalya, African leaders called for predictable climate finance, according to Front Page Africa.
Liberia had received about $213 million of the $573 million in financing identified in its previous climate plan by December 2024, leaving about $360 million between the financing identified and that reported as disbursed, according to Front Page Africa.
Several adaptation-related projects remain delayed, notably the $10 million climate information system and the Monrovia coastal protection project. Experts believe adaptation financing should take the form of grants rather than loans, as debt repayments reduce the resources available for public services, Front Page Africa reports.
Climate finance was discussed on 11 and 12 November at the COP31 leaders’ summit in Antalya, where African heads of state and government called on developed countries to honour their commitments. Ethiopian Prime Minister Abiy Ahmed notably said that spending linked to climate damage was reducing the resources available for schools, healthcare and opportunities for young people, according to Front Page Africa. COP31 had already been followed by the removal from the agenda of a tripling of adaptation finance, announced on 11 November at COP31 in Antalya.
