Browsing: COP26

www.theexchange.africa

Kenya targeting to fully transition to clean energy by 2030: President Kenyatta

Energy
  • President Uhuru Kenyatta said renewable energy currently accounts for 73% of Kenya’s installed power generation capacity 
  • The Kenyan leader called on the international community to invest more in research, innovation and technology transfer
  • He also reaffirmed Kenya’s commitment to the below 1.5 degrees climate ambition, and announced the country’s endorsement of the proposed Glasgow decision on ‘power and green hydrogen in the energy sector’

President Uhuru Kenyatta has told the international community that Kenya is determined and on course to achieving full transition to clean energy by the year 2030.

The President noted that renewable energy currently accounts for 73% of Kenya’s installed power generation capacity while 90% of electricity in use is from green sources among them geothermal, wind, solar and hydro-electric installations.

“Renewable energy in Kenya currently accounts for 73% of the installed power generation capacity, while 90% of the electricity in use is from clean sources. We …

CDC Group to invest over US$4 billion to combat climate emergency in Africa, Asia

Investing
  • CDC Group will invest over £3 billion (US$ 4 billion) to support emerging economies in Africa and Asia to combat the climate emergency
  • The commitment will make CDC one of the world’s largest climate finance investors in Africa and select South Asian markets
  • The funding will be invested over the next five years across a number of different sectors, such as renewable power, infrastructure and agriculture, including forestry

British development finance institution CDC Group will invest over £3 billion (US$ 4 billion) to support emerging economies in Africa and Asia to combat the climate emergency, the Group announced during the ongoing COP26.

The commitment will make CDC one of the world’s largest climate finance investors in Africa and select South Asian markets.

According to the Group, the investment contributes to the ‘Clean Green Initiative’ announced this week by Prime Minister Boris Johnson to help developing countries take advantage of green …

COP 26: Charting green energy pathways to secure Africa’s sustainable future

Africa's Development

As part of the requirements under the Kenyan Act, the government additionally established an Integrated Monitoring Reporting and Verification (Integrated MRV) system and published Kenya's National Climate Change Action Plan 2018-2022 (NCCAP). The five year plan requires the government to develop “action plans”, providing mechanisms to assist stakeholders in bringing about low-carbon climate-resilient development. 

Angola boasts some of the most ambitious targets for transition to low carbon development in Africa, albeit having ratified the Paris Agreement in November 2020. Since then the country has launched a national development plan, established a climate observatory and implemented a continuous national emissions monitoring system.

In addition, Gambia is committed to reducing its GHG emissions unconditionally, by 2.4 per cent by 2025 having implemented the Sustainable Energy Action Plan in 2015, which sets out the country’s renewable energy targets and corresponding measures necessary for their achievement. It has also committed to terminating oil importation…

…

2021 Africa Industrialization Day: Bracing for a Green Industrial Revolution

Industry and Trade

Albeit marred with difficulties, green manufacturing in Africa is possible and the continent stands to greatly benefit from the transition. It will promote inclusive economic transformation through domestic manufacturing and a commodity-based industrialization process, capitalizing on the continent’s resources and opportunities presented by the dynamic nature of the global structure of production.

Green industrialization has been identified as the holy grail of Africa’s socio-economic transformation; infusing green initiatives into value chain activities for instance, during sourcing and processing of raw materials to the marketing and selling of finished products. The Economic Commission for Africa (ECA) economic report on Greening Africa’s Industrialization, deduces that it is imperative for African countries to identify green industrialization entry points, set policies that support green industrialization and mobilize resources from the public and private sectors, as it is a precondition for sustainable and inclusive growth.…

[elementor-template id="94265"]

…