Africa Carbon Forum 2016

02nd July 2016
by secretary

Paepard

28 – 30 June 2016. Kigali. Over 600 delegates attended the Promoting Cooperative Climate Action in AfricaAfrica Carbon Forum. The Africa Carbon Forum has a record connecting African policymakers and practitioners, investors, local project developers and carbon market players. They come together to share the latest knowledge and opportunities for collaboration on regional and global climate change initiatives.

The UNFCCC(along with UNEP, the African Development Bank, theWorld Bank , Africa Low Emission Development Strategies (LEDS) Partnership, and the International Emissions Trading Association (IETA)) arranged the Carbon Forum.

Rhoda Peace Tumusiime, the African Union’s Commissioner for Rural Economy and Agriculture, applauded the fact that most countries in the run-up to the Paris Climate Change Agreement in December 2015 spelled out how they intend to address climate change, but she challenged countries to do more.

“We need good, coordinated effort at the country level,” said Ms Tumusiime. I call for Africa to receive its fair share of pledged climate finance and encourage countries to adopt policies that incentivize private sector action on climate change”.

The Eight Africa Carbon Forum (ACF) informed participants on the latest investment, finance and development opportunities relating to climate change. The discussions included:

opportunities for Africa in a post-Paris global landscape;
policy options and opportunities for transformational development in the region presented by Nationally Determined Contributions (NDCs); innovative projects, programmes and investment opportunities for climate-resilient development, such as the Africa Renewable Energy Initiative and African Initiative on Adaptation and Loss and Damage;
sources of climate finance and how to access them, including market-based approaches to sustainable development;
results-based financing; and cooperative initiatives under the Nairobi Framework (NF) Partnership, which aims to improve the level of participation of developing countries, especially those in sub-Saharan Africa, in the Clean Development Mechanism (CDM).

Related:

Nationally Appropriate Mitigation Actions (NAMAs) are country driven initiatives that developing nations are implementing to achieve sustainable development while contributing towards global efforts in reducing greenhouse gas emissions.