Browsing: COP28 Dubai

• In place of resolve to take responsibility for per capita emissions, polluting nations are instead pivoting towards carbon offsets to’ cancel out’ industrialised world emissions.
• Carbon markets stand to become a new economic mechanism promoting energy security in Africa.
• Africa’s forests absorb 600 million tons of CO2 yearly, more than any forest ecosystem on Earth.

Africa should become the global centre for high-value, high-integrity carbon credits, AFC says; Wholesale leases or sale of land undervalue Africa’s forestry while enabling polluters: AFC paper; AFC Foundation to prioritise conservation and regeneration of African carbon sinks through local capacity building.

At a critical moment in the fight against climate change, the world is squandering a significant opportunity by neglecting Earth’s most important natural carbon repositories – Africa’s forests, grasslands, peatlands and mangroves.

Carbon offsets market not delivering

The global carbon markets offer a pragmatic way to improve this course, with scope to attract …

• The AfDB and Prince Trust International have signed a deal to address youth unemployment while scaling up human capital and entrepreneurship.
• The MOU commits both institutions to collaborate to identify and develop partnership opportunities to mainstream employability skills for technical and vocational education and training (TVET) projects funded by the Bank.
• The Prince’s Trust will participate in preparing, designing, implementing and monitoring TVET and skills development projects.

Youth unemployment, human capital, and entrepreneurship opportunities in the continent are set to be addressed through an agreement signed by the African Development Bank (AfDB) and Prince’s Trust International.

The MOU commits both institutions to work together to identify and develop partnership opportunities to mainstream employability skills for technical and vocational education and training (TVET) projects funded by the Bank in countries of common interest.

Skills development to tackle youth unemployment

The Prince’s Trust will participate in preparing, designing, implementing and …

• For African universities, governments and businesses, 5G Tech Spaces are part of the solution to enable Africa to leapfrog with clean innovation.
• Africa’s climate finance inflows remain very low, at 3 percent of global climate finance.
• The continent requires as much as $2.8 trillion through 2030 to implement its climate commitments.

Africa’s most renowned universities are keen to be at the forefront of Research, Innovation and Outreach (RIO) of technologies, products, services and operating models that reduce CO2 emissions and help attain Net Zero Emissions (NZE).

To achieve this, the gap between rhetoric and action needs to be reduced, if we are to have a fighting chance of reaching Net Zero by 2050 and capping the rise in global temperature at 1.5 °C in full attainment of the Paris Agreement.

Africa produces only about 4 percent of the world’s emissions, but is disproportionately vulnerable to the impact of climate change. …