Browsing: UN

• Nigeria is pioneering the journey towards getting a strong foothold in the carbon credit market.
• The nation is aligning as part of continental effort under the African Carbon Markets Initiative (ACMI) that aims to mobilize up to $100 billion carbon credits per year by 2050.
• During the COP29 talks, Canada and Nigeria announced an alliance to create an innovative carbon credit model to support Abuja’s economic and ecological development. 

The African continent is facing increasing climate change impacts that are increasingly chocking the life of its struggling economies. With policymakers running out pf options to counter the economic slide, the emergence of the African Carbon Markets Initiative (ACMI) offers innovative options that could help unlock the continent’s carbon credit potential. A number of countries such as Nigeria are emeging as pioneers in tapping the gains that carbon markets present.

At this year’s United Nation Climate Change Conference of Parties …

• Tackling poverty in Africa remains one of the primary goals of policymakers and institutions globally, including the World Bank.
• As the world’s economic powers focus on Africa for a share of its vast resources, the stars could be aligning for Africa to deal a body blow to the ghosts of poverty.
• One of the key cogs of this endeavor, however, is tapping on human capital and technology to drive change at scale, as advised by the UN.

One of the most vexing questions for policymakers internationally is how to make sustainable progress in tackling poverty in Africa. In this endeavor, which often draws in actors from across the globe, one thing remains clear: combating poverty in Africa requires empowering the continent and its people to make the most of its abundant resources.

With vast mineral resources and an increasingly educated and informed leadership and workforce, one wonders: Why is Africa …

• Africa’s urban population is poised to hit almost one billion in 2035.
• This population explosion poses both threats and opportunities.
• Population growth will grow more dynamic and wealthier consumer markets.

The ongoing population explosion in Africa poses both opportunities for economic growth and threats that could dampen the hopes for billions of people. According to the latest surveys, the African continent is expected to record one of the fastest rates of population growth worldwide.

For instance, insights from the Economist Intelligence Unit’s African Cities 2035 report states, “African cities will record rapid urbanization in the next decade, creating a mixed bag of socio-economic opportunities and challenges.”

“Africa has and will continue to have the fastest rate of urbanization of the world’s major regions through 2035. Africa’s urban population will rise from about 650 million in 2023 to almost one billion in 2035,” reads the report in part.

According to …

• The Malabo Declaration deadline has expired with only a handful of African countries on track.
• Of 51 AU member states, only Rwanda is on course to achieving the 2014 Malabo commitments on financing agriculture.
• In year’s Africa Food Systems Forum in Kigali, authorities cited a myriad of challenges in achieving key goals.

Africa food systems are failing but there is still optimism. This is despite the fact that we are only one year away from the Malabo Declaration’s deadline and only six years to the end of the Sustainable Development Goals (SDGs).

In June 2014, the Malabo Declaration was made in Equatorial Guinea, where all African countries made a commitment to spend 10 per cent of their annual national budgets on agriculture.

“Only four countries achieved the Malabo target of allocating 10 percent of public spending to agriculture (Burundi, DR Congo, Ethiopia and Mali),” writes Moumini Savadogo for Farming First …

• According to the African Development Bank’s Macroeconomic report, Africa will dominate the world’s 20 fastest growing economies 2024.
• According to the report, the medium-term growth outlook for the continent’s five regions is slowly improving.
• The report forecasts more substantial growth for Africa in 2024, outpacing the projected global average; the continent is the second-fastest-growing region after Asia.

Fastest Growing Economies 2024

The African Development Bank Group’s latest Macroeconomic Performance and Outlook (MEO) indicates real Gross Domestic Product (GDP) growth for the continecustom nfl football jerseys decathlon bmx luvme human hair wigs bouncing putty egg custom kings jersey dallas cowboys slippers mens johnny manziel jersey custom kings jersey custom youth hockey jerseys brock bowers jersey luvme human hair wigs black friday wig sale college football jerseys decathlon bmx uberlube luxury lubricant nt is expected to average 3.8 per cent and 4.2 per cent in 2024 and 2025, respectively. (https://unitedwepledge.org/…

• Creating climate-resilient farmers to address climate change has become urgent.
• Access to finance is essential to sustain and improve the agricultural livelihoods that vulnerable rural communities rely upon.
• Supporting small and medium-sized enterprises in rural areas supports increased employment, income, and services to rural communities.

East Africa is frequently impacted by food shortages and clusters of hunger due to complex mix of factors including unstable social and political environments, macroeconomic imbalances in trade and climate change.

Floods, pests, diseases are just a number of challenges hindering farmers in East Africa who rely on rainfed agriculture.

Not only these farmers are significantly limited by their marginalized conditions but also their lower capacity to adapt.

Climate change is another problem the world and this case Africa faces. It impacts the way struggling farmers navigate through crop failure and profitable market limitation.

Following the recent release of data confirming a sharp global …

• 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. …

The United Nations (UN) has called for major reforms for two institutions considered key players in the new world order. Antonio Guterres, the UN secretary-general, is pushing for major changes in the IMF and the World Bank.

According to Guterres, the International Monetary Fund has profited the rich nations at the expense of the developing ones. The UN secretary-general describes the response by IMF and the World Bank towards the COVID-19 pandemic as a “glaring failure” that left most developing nations significantly indebted.…

• World hunger is not the result of food shortage, and opposition to gene-edited crops, but due to political strife.
• Global food production is sufficient to feed all, but skewed distribution systems create a huge shortfall in countries.
• Analysis shows that even if GMOs were adopted globally, food shortage will persist.

Globally, Genetically Modified (GM) crops have been touted as the magic wand that could end world hunger. The ability of gene-edited crops to produce more over shorter periods of time and their resistance to diseases has been lauded. Further, GMO’s ability to resist poor weather conditions occasioned by climate crisis are earning them acceptance across nations.

These traits make Genetically Modified Organisms (GMOs) a solution to global food shortage. Increasingly, naturally maturing crops are yielding little, and their long gestation periods leave them vulnerable to climate crisis. Further their vulnerability to pests and diseases drastically cuts yields, exacerbating food shortages.…