At the 80th UN General Assembly, President William Ruto criticized the global climate financing system for unfairly burdening African nations, demanding innovative solutions and a fairer approach to addressing climate change. He highlighted that expecting Africa to raise 60 per cent of climate finance domestically is unsustainable.

• Africa loses nearly $90 billion annually through illicit financial flows.
• President Ruto pointed to the need for a fair global tax system and reduced sovereign debt pressures.
• He urged investors to look beyond "outdated stereotypes" regarding Africa’s vast potential in green industries.