India, Oct. 9 -- East African countries are receiving only a fraction of the climate financing they require to cope with worsening droughts, hunger, and water shortages, according to a new report by Oxfam and the Intergovernmental Authority on Development (IGAD), a regional economic community.

The report reveals that rich, high-polluting countries have only met four per cent of the climate finance needs for eight highly vulnerable African countries - Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan and Uganda, creating a massive climate finance gap.

These countries are collectively known as the IGAD region.

The Climate Finance Shadow Report for Intergovernmental Authority on Development Regional Economic Community was re...