President William Ruto has criticized the global climate financing system, stating it unfairly burdens African economies. He emphasized the unacceptability of African nations, who contribute least to the crisis, needing to raise 60 per cent of climate finance domestically.

• President Ruto highlighted that Africa loses nearly $90 billion annually due to illicit financial flows, undermining climate action efforts.
• Speaking at the High-Level Solutions Dialogue on Climate Finance during the 80th UN General Assembly, President Ruto urged for innovative solutions including a fair global tax system and reduced sovereign debt.
• He stated that Kenya was among four countries that sponsored the Independent Expert Review on Debt, Nature and Climate, and appealed to investors to look beyond outdated stereotypes concerning Africa's potential.