Evidence of increased political commitment to green growth in Africa has been discovered, according to a new report co-authored by the African Development Bank and the Global Green Growth Institute.
The Africa Green Growth Readiness Assessment Report was released on Wednesday during a side event during the United Nations Convention to Combat Desertification’s 15th session, which is being held in Abidjan from May 9 to 20.
The research focused on Gabon, Kenya, Morocco, Mozambique, Rwanda, Senegal, and Tunisia, which were all chevaliers in the study. Political commitment, policy and planning, and financing and budgeting are among the nine strategic and operational factors examined. Green growth, according to the authors, is “the methods to promote and optimize chances for sustainable economic development by creating resilience and efficiently managing resources…”
“This report is intended to spark valuable discourse and debate about strategies to progress climate action and green growth in Africa,” said Al-Hamndou Dorsouma, Officer-in-Charge for Climate Change and Green Growth at the African Development Bank. “Green growth investments, according to the Bank, necessitate both policy interventions and enough financing, particularly because green growth investments necessitate significant upfront financing to harness breakthrough environmental solutions and clean technologies. This includes creating climate-resilient infrastructure, resilient and low-carbon economies, smart and sustainable cities, greening industrialization, and greening industrialization.”
“Data-driven decision making is crucial, especially when it comes to climate change-related issues,” said Dr. Malle Fofana, Director, and Head of Programs for Africa at the Global Green Growth Institute. “This research presented a wide range of prospects and practical recommendations that will assist African leaders in promoting green growth models. As an intergovernmental organization, the Global Green Growth Institute is committed to supporting and promoting strong, inclusive, and sustainable economic growth in developing and emerging nations.”
The examination discovered evidence that African leaders are actively advocating the UN Sustainable Development Goals while also executing the Paris Climate Treaty’s nationally specified commitments. Furthermore, the fundamentals of green growth, such as the right to a clean and secure environment and people’s right to consultation, have been inscribed in the constitutions of Kenya, Morocco, and Tunisia. Green growth and climate-resilient economic strategies have been embraced by the governments of Rwanda, Kenya, Morocco, Senegal, and Mozambique.
On the other hand, the remaining indicators, such as sectoral, legal & regulatory, financing & budget, research & development & innovation, human resources & capability, and monitoring & reporting, were determined to have the most space for improvement.