Dubbed ALTÉRRA, the fund will allocate $25 billion to climate strategies and $5 billion to incentivize investment flows to countries like Uganda or generally the global South to fight the effects of climate change.
With the growing demand for copper, there is all indication that Uganda can take a share of billions of dollars if Uganda revived copper production and processing
The declaration comes amidst concerns that unsustainable food production and consumption patterns are a common thread, running through many of the greatest challenges facing humanity today.
This COP was to be attended by Pope Francis, an outspoken advocate for climate action. His trip was however canceled following advice by medical experts.
The Petroleum Authority expects that it will be able to process the application with in three days as opposed to the current turnaround time of more than a week.
The Court held that the applicants should have filed the case as early as 2017, rather than in 2020 and as a result, the court does not have jurisdiction to hear the matter. The ruling means that the applicants cannot proceed with the merits of the case.
Michael Wambi
