The Climate Action Africa Forum (CAAF24) has lived up to expectations following the massive turn out of people, deals, massive initiatives unveiled and stakeholders further commitment to a greener future for Africa, Techeconomy can report.
Key Takeaways from Remarks by Climate Change Thought Leaders at CAAF24
- Innovation and Technology Adoption: Leveraging cutting-edge solutions to address climate challenges and accelerate green development.
- Strong Partnerships: Collaboration across stakeholders – governments, businesses, NGOs, and communities – is essential for success.
- Knowledge Sharing and Capacity Building: Empowering communities and fostering a culture of sustainability across Africa.
- Mobilizing Financing for Adaptation, Mitigation, and Job Creation: Financial resources are crucial for implementing climate solutions and creating a just transition to a green economy.
Themed “Building a Climate-Smart Africa,” the forum underscored the urgency of climate action while highlighting Africa’s immense potential to be a leader in sustainability.
In her opening remarks, Grace Oluchi Mbah, Climate Action Africa (CAA) co-founder and executive director, acknowledged the stark challenges like Africa warming faster than any other region, millions vulnerable to rising sea levels, and the devastating impact on smallholder farmers, the lifeblood of the continent.
However, Mbah emphasized hope and agency. She announced the launch of the ambitious Billion Trees for Africa Initiative, aiming to restore degraded lands and empower communities.
Additionally, CAA unveiled the Pan-African Green Economy Program (PAGE), a partnership with IDEA AFRICA and the Founder Institute, which aims to cultivate a new generation of 5,000 green innovators across Africa by 2035.
$20 million initial investment fund
Recognizing the critical role of investment, CAA proudly announced its support for the Pan African Climate Action Fund.
This $20 million initial investment fund, co-created by dedicated Africans, seeks to empower small businesses and startups driving change in the energy, agriculture, circularity, and transportation sectors.
Rukia El-Rufai, Special Advisor to the Nigerian Vice President on NEC and Climate Change, took the stage next.
She emphasized that simply acknowledging the importance of nature is not enough. El-Rufai highlighted the need to move beyond low-value carbon credits and educational barriers that hinder attracting financing for climate solutions.
She stressed the importance of a strong business case alongside environmental benefits. El-Rufai commended the forum’s theme, “climate-smart,” because it underscores the need for economic growth alongside emissions reduction.
El-Rufai emphasized the crucial role of National Determined Contributions (NDCs) – national plans outlining climate action commitments. She urged collaboration across generations and highlighted successful examples from emerging economies like Mexico and Indonesia, demonstrating strong economic growth alongside reduced emissions.
She concluded by calling for increased investment in renewable energy and sustainable practices, drawing on her personal experience with drastically reduced energy bills through solar panels.
The forum welcomed Madame Ramatoulaye Diallo Ndiaye, CEO of the Great Green Wall of Africa (GGWoA) Foundation, for the keynote address. Ndiaye powerfully asserted Africa’s critical role in the well-being of the entire planet. She stressed Africa’s vast natural resources and potential to be a leader in building a sustainable and resilient future.
Ndiaye echoed the importance of innovation, but emphasized the need for well-defined projects, education, and strong partnerships.
She highlighted her career dedicated to a sustainable approach, combining traditional knowledge with modern solutions.
Ndiaye pointed to the Green Wall of Africa initiative and the newly launched Green Ringwall Initiative strategy as examples of visionary leadership and strong policy driving progress.
The forum serves as a critical platform for collaboration, knowledge sharing, and charting a path towards a climate-smart Africa.
The decisions made and connections forged at CAAF24 have the potential to shape a more sustainable and prosperous future for Africa.
This continent, brimming with potential and innovation, is poised to be a leader in the global fight against climate change.
