Africa Carbon Forum Calls for Increasing Low Carbon Investments in Africa | World Bank Institute (WBI)

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Africa Carbon Forum Calls for Increasing Low Carbon Investments in Africa

carbon forum
(c) World Bank. From l-r: H.E. Daniel Kablan Duncan, Prime Minister of Côte d'Ivoire and H.E. Allah Kouadio Rémi, Minister of Environment, Urban Sanitation and Sustainable Development of Côte d'Ivoire, Mr. Neeraj Prasad, World Bank Institute Climate Change Practice Manager.

The Nairobi Framework partners convened the 5th Africa Carbon Forum in Abidjan, Cote d’Ivoire, from July 3-5, 2013.  Approximately 400 stakeholders representing governments, international organizations, private sector, NGOs and academia participated in a number of plenary and training sessions, round tables and side events.

While the world is currently on a track to a 4°C warmer world by 2100, it is still possible to avoid this scenario through collective action by all developed and developing countries, albeit the window to achieve this is closing rapidly. 

“Last month, the World Bank commissioned the second phase of a scientific report, "Turn Down the Heat: Why a 4°C Must Be Avoided" that looks at the likely impacts of a 2°C to 4°C warming across Sub-Saharan Africa and other regions in the 21st Century. For Africa, the picture is clear: climate change is expected to exert further pressure on ecosystems and key sectors, with repercussions for the human populations dependent on them. The challenge for us at the World Bank is to reconcile a dual challenge: the reality of the impacts of climate change, and the opportunities that come with building more resilient, low-carbon countries, cities and communities. The fifth Africa Carbon Forum was an important step in that direction, providing a knowledge-exchange platform and networking space for low carbon investments in Africa," said Mr. Neeraj Prasad, World Bank Institute Climate Change Practice Manager.

The theme of this year’s edition was ‘Promoting Access to Low-Carbon Development in Africa.’  The Forum featured discussions on the update on the carbon markets, including the opportunities for the enhanced application of the experience and existing capacity on CDM and CDM Programmes of Activities, as we move towards a new legally binding agreement by 2020. The Forum also provided an opportunity for participants to learn about the latest national and international policy developments and various new initiatives and facilities that support the development and implementation of carbon mitigation programs.

The Forum was opened by his H.E. Daniel Kablan Duncan, Prime Minister of Côte d'Ivoire and addressed by H.E. Allah Kouadio Rémi, Minister of Environment, Urban Sanitation and Sustainable Development of Côte d'Ivoire. In their remarks they reiterated the importance of addressing the climate change challenge for the country, as well as the associated food security, natural resources management and other sectoral issues. Other speakers in the opening ceremony included Mr. John Kilani, Director of Sustainable Development Mechanisms Programme of the United Nations Framework Convention on Climate Change (UNFCCC) who spoke on behalf of Ms. Christiana Figueres, the UNFCCC Executive Secretary, and Mr. Dirk Forrister, President & CEO of the International Emissions Trading Association (IETA).

The World Bank Group hosted/co-hosted several sessions, including on NAMAs in the agriculture sector; opportunities and challenges of bridging Climate-Smart Agriculture; promoting access to energy in Africa; and thinking differently in an unfavorable carbon market.

The Forum closed on a positive note regarding the emerging opportunities for low carbon development in Africa. It has become an important platform for demonstrating that the imperative of economic growth and increasing living standard across the African continent is compatible with cleaner, greener, more resilient and inclusive development.
 

Comments (1)

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