Microgrids, Microgrids, Solar, Storage

Green Investments Needed to Help Africa ‘Leapfrog’ to Clean-Tech

About 800 delegates from 59 countries gathered at Africa Climate Week in Nairobi, Kenya, last week to discuss challenges and responses to climate change for inclusion in the international climate negotiation process.

Among the key messages from delegates at the talks was the importance of energy in the climate change discussion, according to the United Nations Framework Convention on Climate Change secretariat (UN Climate Change).

The talks emphasized the need for financial instruments to de-risk investment in energy infrastructure and enhance involvement in smaller and medium-sized enterprises.

“The African Development Bank believes that Nationally Determined Contributions (NDCs) are an opportunity for African countries to put sustainability at the center of their long-term development,” Al Hamdou Dorsouma, manager for climate and green growth division of NFP member African Development Bank, said in a statement. “The dialogue at this first Africa Climate Week demonstrated the ambition and determination by both state and non-state actors, as well as development partners, to push for expanding green and resilient investments, which enable Africa to leapfrog to high impact and clean technologies in productive sectors.”

Africa Climate Week was held from April 9-13. It was organized by the Nairobi Framework Partnership (NFP), which is coordinated by UN Climate Change and helps countries implement their NDCs under the Paris Agreement.

Conference delegates also emphasized the importance of countries working together to expand carbon markets.

“Carbon markets and pricing has huge potential to help tackle climate change, and contribute to sustainable development, hence the need to give it attention through a strong collaboration at domestic and regional levels,” Venkata Ramana Putti, program manager, carbon markets and innovation for NFP member World Bank, said.