Inside the Africa Climate Summit on its third and final day: Expectations and outcomes
Environment
By
David Njaaga
| Sep 06, 2023
As the Africa Climate Summit concludes today, all eyes are on the Nairobi declarations that will outline Africa's position and demands on climate change.
Various Heads of State are holed up in a closed-door meeting today, Wednesday, September 6 to deliberate on the declaration.
The Nairobi declaration is expected to contain proposals for a global carbon tax system that will increase the availability of climate finance and incentivize countries to cut emissions.
It will also call for industrialized countries to accelerate their efforts to reduce emissions, keep their 2009 pledge to provide Sh14.57 trillion ($100 billion) in annual climate finance, which has not been met, and operationalize the loss and damage mechanism.
The Standard is closely following the outcomes of the summit and will keep you updated.
READ MORE
Treasury goes for UAE loan as IMF cautions of debt situation
Traders claim closure of liquor stores, bars near schools punitive
Adani fallout is a lesson on accountability and transparency fight
Sustainable finance in focus for Kenyan banks as Co-op Bank feted
Inside battle for control of Bamburi Cement
What forcing Google to sell Chrome could mean
How talent development is shaping Kenya's tech future
Street-style snappers reclaim the heart of Nairobi
Huawei, charity partners to empower women with digital skills in Kenya
African ministers champion ICT adoption for sustainable growth
The summit, which brought together leaders from Africa and the world, was a platform to address the challenges and opportunities of climate action in the continent.
Funding Africa
President William Ruto decried the "unfair" framework of the global financial system, which he said disenfranchises Africans by imposing unjust debt repayment policies.
"A conversation on the punitive policies of the West and its institutions towards Africa is not an unfair debate," said Ruto.
He added that nine countries in Africa are already in debt distress, 13 are at high risk and 17 are at medium risk, and that the continent is bearing the brunt of the climate crisis because of an unjust financial architecture.
On Tuesday, September 5, COP28 President-designate Sultan Al Jaber urged the leaders to invest in "smart pragmatic disruption" and let go of the "business as usual" mindset to allow for a paradigm shift.
He said that Africa has the potential to be a global leader in clean energy and green growth, as it is rich in renewable power and mineral resources.
US Commitment
John Kerry, the US Special Envoy for Climate reaffirmed the Joe Biden-led country's commitment to fund Africa for climate loss and damages. He said that the US will offer monetary support to African countries for climate change adaptation, in addition to other pledges.
"Well, I just described today the four to five-year Sh4.38 trillion ($30 billion) a year commitment President Joe Biden has made by 2024. And so, he has a year left," said Kerry.
UN Secretary-General Antonio Guterres called for a quantum leap in climate action for Africa, which is affected by the worst effects of global warming.
He said that the region represents only four percent of global emissions, but it is affected by extreme heat, floods, and droughts that cause tens of thousands of deaths.
Below are some of the photos of delegates attending the third and final day of the summit.