The Russian - Africa summit; A Development Partnership Or An Alliance?

Click to view

  • The Russian - Africa summit; A Development Partnership Or An Alliance?

    The Russian - Africa summit; A Development Partnership Or An Alliance?

    Click to view

  • FOCAC 2015, China pledges $60 billion in development funding to Africa; is this new or old money?

    FOCAC 2015, China pledges $60 billion in development funding to Africa; is this new or old money?

    Click to view

  • European and African leaders in search of common grounds on immigration policy

    European and African leaders in search of common grounds on immigration policy

    Click to view

 

The Cost of Saving the Climate On Africa

Droughts_In-Africa

African countries, though at the bottom of the scale of polluters, are under enormous pressure to commit to low carbon emission development models, in line with already technologically advanced Western countries and China who are the highest polluters.  To put it mildly, Africa is being asked to slow down it’s industrialization process (which is at its infant stage or none-existences in some countries).  

To compensate for this slowdown, the continent was promised US$100 Billion a year by the world’s wealthier nations, during the climate summit in Copenhagen in 2009, a promise which hasn’t been kept. The 100bln /year promise (even if honored) is by our calculations a minuscule and insignificant amount of money given the economic impact of what is being demanded in return.

Being the biggest absorber of CO2 emission, due to the large size of the green forest across Equatorial Africa, part of the continent is also very vulnerable to climate change extremes such as droughts, floods, and cyclones, thus posing real life-threatening scenarios such as food security, health, economies and ecosystems destruction.

With all the above, and given the complex nature of some of these negotiations, the big question is: “which climate change mitigation and adaptation model will best suit Africa, one that will ensure its industrialization process stay course”?

31 Jul 2023 00:42 - Eric Acha

The Russian - Africa summit: A Development Partnership Or An Alliance?

Amidst the ongoing war between Russia and Ukraine, Russia has somewhat succeeded in organizing a second Russia-Africa summit in St [ ... ]

News+ Full Story
20 Jun 2023 01:25 - APF

The New International Financial System?: 10 Recommendations On What Africa should  Should Do

June 20th, 2023

To be better placed to benefit from any new Financial system, there is a list of house-keeping [ ... ]

News+ Full Story
12 Oct 2021 01:02 -
The Cost of Saving the Climate On Africa

The Cost of Saving the Climate On Africa

African countries, though at the bottom of the scale of polluters, are under enormous pressure to commit to low carbon emission development models, in line with [ ... ]

News+ Full Story
30 Jul 2021 23:46 - APF
Biography of Ngozi Okonjo-Iweala

Dr. Ngozi Okonjo

Biography of Ngozi Okonjo-Iweala

Dr Ngozi Okonjo-Iweala is a global finance expert, an economist and international development professional with over 30 years of experience working [ ... ]

Featured Leaders+ Full Story
07 Nov 2020 18:40 - Eric Acha
What Will A Biden Presidency Mean For Africa?

What Will A Biden Presidency Mean For Africa?

 As America and the world celebrate what many are referring to as a “new era”, after a turbulent 4 years reign of President Donald Trump, many have [ ... ]

News+ Full Story
03 Dec 2018 17:00 -
The Ivorian Crisis:  The Opinion of a Cameroonian Presidential Candidate

By Dr. Nfor N Susungi

I have followed very closely the unfolding post-electoral drama in Cote d’Ivoire and feel that I have a duty to issue an opinion on this issue, particularly because I have already [ ... ]

Blog+ Full Story