Index Investing News
Saturday, May 30, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Africa Finds Common Ground on Climate as Nairobi Declaration Unveiled — Global Issues

by Index Investing News
September 7, 2023
in World
Reading Time: 6 mins read
A A
0
Home World
Share on FacebookShare on Twitter


Global community urged to decarbonise their economy. Fossil fuels emit the highest carbon footprint of all fuel types and are considered dirty energy, followed by coal. Credit: Joyce Chimbi/IPS
  • by Joyce Chimbi (nairobi)
  • Thursday, September 07, 2023
  • Inter Press Service

NAIROBI, Sep 07 (IPS) – To cool down a burning planet, Africa’s Head of State and Government at the inaugural Africa Climate Summit unveiled the ‘Nairobi Declaration’ as curtains fell on the inaugural Africa Climate Summit held in Nairobi, September 4-6, 2023, under the theme “Driving Green Growth and Climate Finance Solutions for Africa and the World.”

The joint declaration is a unified approach and political leadership on an African vision that simultaneously pursues climate change and development agenda. As climate change pushes an already fragile continent between a rock and a hard place, Africa’s leaders say immediate action is needed.

Included in the declaration is an acknowledgement of the 6th Assessment Report (AR6) of the Intergovernmental Panel on Climate Change (IPCC) 2023, stating that the world is not on track to keeping within the 1.5°C limit agreed in Paris and that global emissions must be cut by 45 per cent in this decade.

“The report is particularly important because it highlights the interdependence of climate, ecosystems and biodiversity, and human societies – the value of diverse forms of knowledge, and the close linkages between climate adaptation, mitigation, ecosystem health, human well-being, and sustainable development,” James Njuguna from the Ministry of Environment, Water and Natural Resources tells IPS.

As such, the Nairobi declaration underscores the IPCC confirmation that “Africa is warming faster than the rest of the world and, if unabated, climate change will continue to have adverse impacts on African economies and societies, and hamper growth and wellbeing.”

Against this backdrop, UN Secretary-General António Guterres, while speaking at the Nairobi climate summit, stressed that “an injustice burns at the heart of the climate crisis, and its flame is scorching hopes and possibilities here in Africa. This continent accounts for less than 4 per cent of global emissions. Yet it suffers some of the worst effects of rising global temperatures: extreme heat, ferocious floods, and tens of thousands dead from devastating droughts.”

To push the continent’s climate agenda forward, the declaration identifies several collective actions needed to halt the speed of the ongoing climate crisis and to build climate resilience. African leaders urged the global community to act with speed in reducing emissions and honouring the commitment to provide USD100 billion in annual climate finance, as promised 14 years ago at the Copenhagen conference.

Other actions include accelerating all efforts to reduce emissions to align with goals set forth in the Paris Agreement, upholding commitments to a fair and accelerated process of phasing down coal, and abolishment all fossil fuel subsidies. And swiftly operationalise the Loss and Damage facility agreed at COP27 and accelerate implementation of the African Union Climate Change and Resilient Development Strategy and Action Plan (2022-2032).

Reducing dependency on fossil fuels and increasing reliance on renewable energy is an important tool in the fight against climate change. Fossil fuels emit the highest carbon footprint of all fuel types and are considered dirty energy, followed by coal. Africa’s abundance of wind and solar energy can simultaneously meet development and climate change adaptation and mitigation goals.

Mitigation costs for a clean energy transition in Africa are about USD 190 billion per year until 2030. In 2009, during the 15th Conference of Parties (COP15), developed countries committed to a collective goal of mobilizing USD 100 billion per year by 2020 for climate action. As the global community heads to COP28, the pledge is still very much a broken promise.

Kenya, Ethiopia, Somalia, and South Sudan incurred an estimated USD 7.4 billion of livestock losses due to climate change and yet rich nations paid less than 5 per cent of the USD53.3 billion East Africa needs to confront the climate crisis.

To meet the cost of climate adaptation and mitigation efforts, Africa’s head of state and government are seeking: “New debt relief interventions and instruments to pre-empt debt default – with the ability to extend sovereign debt tenor and include a 10-year grace period. New universal global instruments to collect additional revenue.

“Decisive action on the promotion of inclusive and effective international tax cooperation at the United Nations with the aim to reduce Africa’s loss of USD 27 billion annual corporate tax revenue through profit shifting by at least 50 per cent by 2030 and 75 per cent by 2050.”

Towards pushing the continent’s climate agenda forward, the Nairobi declaration proposes to establish a new financing architecture that is responsive to Africa’s needs, including debt restructuring and relief, including the development of a new Global Climate Finance Charter through the United Nations General Assembly (UNGA) and COP processes by 2025.

African leaders have yet another critical platform to push the climate agenda forward at the Climate Ambition Summit to be held on September 20, 2023, during the high-level week of the UNGA – as an opportunity for ‘First Movers and Doers’.

‘First Movers and Doers’ is in reference to people and institutions from Government, business, finance, local authorities, and civil society who are already engaged in climate action and can offer pointers into how climate action can be accelerated. Further, the Nairobi declaration will form the basis of negotiations at the COP28 summit as Africa’s common position in global climate change processes.

Actioning the declaration is particularly urgent for the injustice of climate change is such that climate-induced disasters have cornered an already fragile continent, and a most vulnerable African population is in the eye of a deadly storm.

Malawi, Mozambique, and Madagascar were in February and March this year in the crosshairs of the most severe storms in the last 20 years. Deadly floods affected countries such as Chad, Nigeria, and the Democratic Republic of Congo.

Somalia, Ethiopia, and Kenya are experiencing the most severe drought in the last 40 years due to five consecutive rainy seasons. Children in 48 out of 49 African countries assessed by UNICEF are at high or extremely high risk of the impacts of climate change. Children in the Central African Republic, Chad, Nigeria, Guinea, Somalia, and Guinea Bissau are the most at risk.

To cushion vulnerable communities against the vagaries of climate change, the declaration seeks to hold rich nations accountable for their contribution to the climate status quo and to therefore reach new global carbon taxes, restructure global climate financial infrastructure and decarbonise the global economy in favour of a green economy.

IPS UN Bureau Report

Follow @IPSNewsUNBureau
Follow IPS News UN Bureau on Instagram

© Inter Press Service (2023) — All Rights ReservedOriginal source: Inter Press Service

Where next?

Related news

Browse related news topics:

Latest news

Read the latest news stories:

  • Africa Finds Common Ground on Climate as Nairobi Declaration Unveiled Thursday, September 07, 2023
  • India Can Beat the Heat with Inclusive Fintech Thursday, September 07, 2023
  • May the Race for Climate Justice Leader Begin Thursday, September 07, 2023
  • UN chief hails SE Asia for vital role ‘building bridges of understanding’ Thursday, September 07, 2023
  • ‘Without renewables, there can be no future’: 5 ways to power the transition to renewable energy Thursday, September 07, 2023
  • African Startups Mull Home-Grown Solutions to Combat Climate Change Wednesday, September 06, 2023
  • Hunger in East Africa Is a True Testament to Climate Injustice Wednesday, September 06, 2023
  • UN’s Protocol & Liaison Service Geared for High-Level Meetings of World Leaders Wednesday, September 06, 2023
  • A New Center In The Time of The Brave Wednesday, September 06, 2023
  • Finally, a Real Chance for International Tax Cooperation Wednesday, September 06, 2023

In-depth

Learn more about the related issues:

Share this

Bookmark or share this with others using some popular social bookmarking web sites:

Link to this page from your site/blog

<p><a href="https://www.globalissues.org/news/2023/09/07/34671">Africa Finds Common Ground on Climate as Nairobi Declaration Unveiled</a>, <cite>Inter Press Service</cite>, Thursday, September 07, 2023 (posted by Global Issues)</p>

… to produce this:

Africa Finds Common Ground on Climate as Nairobi Declaration Unveiled, Inter Press Service, Thursday, September 07, 2023 (posted by Global Issues)





Source link

Tags: AfricaClimateCommondeclarationfindsglobalGroundIssuesNairobiUnveiled
ShareTweetShareShare
Previous Post

CFTC Takes Action against MTI: Imposes $1.7B Fine

Next Post

Goldman Sachs CEO Solomon pushes back against critics By Reuters

Related Posts

How Europe’s Waste Could Supply Over Half of Critical Material Demand – Report — Global Issues

How Europe’s Waste Could Supply Over Half of Critical Material Demand – Report — Global Issues

by Index Investing News
May 27, 2026
0

Vast amounts of valuable materials buried inside old batteries, electronic waste, and end-of-life vehicles should be collected for critical materials....

U.S. F-16s hold the line in the Gulf after Iran campaign ends

U.S. F-16s hold the line in the Gulf after Iran campaign ends

by Index Investing News
May 23, 2026
0

Key PointsU.S. Air Force F-16s conducted patrols in the CENTCOM area of responsibility on May 14, 2026, carrying mixed air-to-ground...

Pakistan sentences man to death for killing TikTok star Sana Yousaf | Gender Equity News

Pakistan sentences man to death for killing TikTok star Sana Yousaf | Gender Equity News

by Index Investing News
May 19, 2026
0

The verdict against Umar Hayat who killed a teenage influencer in her home ‘is for the entire society’, her father...

Oklahoma sues Roblox, AG claims online game ‘exploited minors’

Oklahoma sues Roblox, AG claims online game ‘exploited minors’

by Index Investing News
May 15, 2026
0

Oklahoma became the 12th U.S. state to sue Roblox on Thursday. WASHINGTON — The Oklahoma attorney general announced he was...

Prosecutors cite terrorist intent in bomb attack on headquarters of Dutch ruling party

Prosecutors cite terrorist intent in bomb attack on headquarters of Dutch ruling party

by Index Investing News
May 11, 2026
0

THE HAGUE, Netherlands -- A 37-year-old man accused of a bomb attack on the Dutch premier’s party headquarters is suspected...

Next Post
Goldman Sachs CEO Solomon pushes back against critics By Reuters

Goldman Sachs CEO Solomon pushes back against critics By Reuters

Charter CEO OK having cable with no Disney and no ESPN

Charter CEO OK having cable with no Disney and no ESPN

RECOMMENDED

Free Gifts Do Not Exist (and Merry Christmas!)

Free Gifts Do Not Exist (and Merry Christmas!)

December 25, 2023
Meme Coin Tasks Price Contemplating for January Investments

Meme Coin Tasks Price Contemplating for January Investments

January 5, 2025
Imprisoned Kremlin foe Navalny refuses to leave cell, skips court hearing in protest

Imprisoned Kremlin foe Navalny refuses to leave cell, skips court hearing in protest

October 24, 2023
Financial Freedom Fighters’ Nationwide Individuals’s Meeting: a deal with native financial growth

Financial Freedom Fighters’ Nationwide Individuals’s Meeting: a deal with native financial growth

November 14, 2024
Eintracht Frankfurt vs West Ham LIVE: Europa League crew information, line-ups and extra tonight

Eintracht Frankfurt vs West Ham LIVE: Europa League crew information, line-ups and extra tonight

May 5, 2022
As U.S. Instances Rise, White Home Covid Czar Says It’s Not a Second to be ‘Excessively Involved’

As U.S. Instances Rise, White Home Covid Czar Says It’s Not a Second to be ‘Excessively Involved’

April 12, 2022
Prime Avenue analysts are upbeat concerning the potential of those 3 shares 

Prime Avenue analysts are upbeat concerning the potential of those 3 shares 

August 18, 2024
Warren Buffett speaks out in opposition to creating household wealth dynasties, provides away one other .1 billion

Warren Buffett speaks out in opposition to creating household wealth dynasties, provides away one other $1.1 billion

November 25, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In