+27 71 448 3496

Bold visions and solid pledges

Share Article
World leaders at this week’s inaugural Africa Climate Summit in the Kenyan capital Nairobi have pledged their support to position the continent at the epicentre of the fight against climate change, urging greater consideration for Africa’s needs. Image credit AfDB

Bold visions and solid pledges

World leaders at this week’s inaugural Africa Climate Summit in the Kenyan capital Nairobi have pledged their support to position the continent at the epicentre of the fight against climate change, urging greater consideration for Africa’s needs.

The historic three-day event, hosted by the government of Kenya and the African Union, which kicked off on Monday, has mobilised heads of state and government, international organisations, non-governmental organisations, civil society as well as hundreds of African youths to discuss ways to deliver innovative green growth and climate finance solutions. Much of the conversation have focused on climate adaptation, which is widely viewed as the biggest pressing priority for Africa.

Kenya’s President William Ruto said Africa’s youthfulness was “precisely the attribute that inspired African leaders to imagine a future where Africa steps onto the stage as an economic and industrial power, an effective and positive actor in the global arena”.

Ruto listed several reasons why the continent is well placed to lead in tackling climate change. “Africa is the continent with 60% of the world’s renewable energy assets, including solar, wind, geothermal and hydropower. Africa is projected to have 40% of the world’s workforce by 2100. We have two-thirds of the world’s uncultivated arable land that can transform smart agriculture into the production store of the world. We have the largest carbon sequestration infrastructure in the world,” Ruto said.

Meeting sustainable goals (Bold visions and solid pledges)

Joining President Ruto were UN Secretary-General António Guterres, President of the European Commission Ursula von der Leyen, African Union Commission Chairperson Moussa Faki Mahamat, United States Special Envoy for Climate John Kerry, African Development Bank President Akinwumi A. Adesina, and several African leaders. Faki urged for reform of the global financial architecture to meet Africa’s needs of at least USD1.3- billion a year to meet the sustainable development goals by 2030.

Guterres stressed Africans bore the brunt of the worst of climate change despite having produced negligible carbon emissions. He stressed that “developed countries must present a clear and credible roadmap to double adaptation finance by 2025 as a first step toward devoting half of all climate finance to adaptation”.

Guterres urged participants to think big. “First, we need far greater climate ambition, with countries hitting fast forward and massively accelerating action to limit temperature rises and impacts. The largest emitters must lead the charge, in line with the Climate Solidarity Pact and Climate Action Acceleration Agenda,” the UN chief said.

Adesina commended Ruto for his leadership in organising the summit. “The Africa Climate Summit will shape the future pathway of Africa’s development,” he said.

Adesina said responses to the climate emergency were needed at several levels. At the global level, he called on wealthy nations to meet their commitments to provide USD100-billion annually in climate finance. Also, “the global climate financial architecture must be changed to prioritise the needs of Africa,” he said.

“At the national level we must accelerate actions on climate adaptation. That is why the African Development Bank has committed to providing USD25-billion toward climate financing by 2025,” he said.

Power Africa (Bold visions and solid pledges)

Adesina said the African Development Bank together with the Global Centre on Adaptation had launched the African Adaptation Acceleration Program (AAAP), the largest such initiative in the world. The Bank is implementing a $20 billion initiative, Desert to Power, to harness the power of solar and deliver electricity to 250 million people, he said. “We must power every home every school and every hospital.”

Offering Europe as an ally in efforts to close Africa’s climate investment gaps, Von Der Leyen said it was “time to move from words to action.” “We want to partner with you to create local value chains, to create good jobs here in Africa.” “We want to invest in skills for local workers, this is crucial for the young people because the stronger you are as suppliers, the more Europe will diversify its supply chains toward Africa. And the more we both will de-risk our economies. It’s a clear win-win.”

President Sahle-Work Zewde of Ethiopia said her government was working to achieve net zero emissions in building climate resilient development by 2050. “Ethiopia is also investing in green energy projects, such as hydroelectric wind solar and the geothermal sectors, as well as promoting modern rural cooking technologies.”

Tanzania’s President Samia Suluhu Hassan called for a special fund to be set up that would stipulate what percentage of financing pledged by advanced countries would be set aside for Africa as opposed to “blanket pledges.”

Barbados Prime Minister Mia Mottley addressed the plenary via video feed. She linked the Africa Summit to the Bridgetown initiative to reform the global financial system so the world can better respond to current and future crises. “We must work together from the African continent to the Caribbean. This is a time when political will matched by the recognition of our reality will make all the difference in the world,” she said.

The Africa Climate Summit has produced the joint Nairobi Declaration, which sets out the continent’s position on climate finance and green growth. The declaration is also expected to call for the establishment of a global carbon tax system as a path to expand climate finance and incentivise countries to cut emissions.

Major financial pledges (Bold visions and solid pledges)

Already, the Africa Climate Summit has resulted in major financial pledges. COP28 President Sultan Al Jaber committed USD4.5-billion on behalf of the United Arab Emirates to assist African countries in expediting clean-energy initiatives.

Al Jaber said he expected the USD4.5-billion to catalyse “at least an additional USD12.5-billion from multilateral public and private sources.” “It is our ambition that this will… jumpstart a pipeline of bankable clean energy projects in this important continent,” Al Jaber said.

Special Envoy Kerry announced the Biden administration would contribute USD3-billion annually for adaptation as part of the PREPARE initiative. He also announced an additional USD30-million to bolster climate resilient food security efforts across Africa.

The first USD20-million would be for the African Adaptation initiative for its Food Security Accelerator. “USD10-million will go to the Climate Resilience Adaptation Finance and Technology Transfer Facility to scale technology so we can advance adaptation efforts like cold chain storage to help maintain the quality and safety of food from the farms all the way to the homes of people,” Kerry said.

The Africa Climate Summit will also consolidate the achievements and roadmap from COP27 held in Sharm-El Sheikh, Egypt, last year, as well as closing gaps that have arisen from the Sharm El-Sheikh Implementation Plan.

Click here for more information about the Climate Summit.

Bold visions and solid pledges


WhyAfrica provides on the ground information and business intelligence about the sustainable utilisation and extraction of natural resources in Africa, and can assist your company through:  

  1. Membership:
  • WhyAfrica’s membership offers great business insights to you, your company, and clients.
  • Amongst many other benefits, we will publish editorial content about you or your company on the WhyAfrica online platform and on all WhyAfrica’s social media pages – the annual fee is R5,500 and you can find out more or subscribe here: https://www.whyafrica.co.za/product/membership/ 
  1. Sponsorship:
  • WhyAfrica’s Road Trip takes place annually in July and August. During our Road Trip we aim to visit more than 30 project sites. Sponsoring the Road Trip, or to be a WhyAfrica member, gives you unparalleled insight into the business environment of the countries that we travel to and the project sites we visit.
  • To be a member or sponsor allows you access to invaluable, on the ground, business intelligence and a great marketing opportunity for all companies doing business in Africa.
  • The main aim of our Road Trips is to promote Africa as an investment destination and to showcase Africa’s greatest companies, and projects to our large global audience, which includes a list of potential investors, venture capitalists and serial entrepreneurs.
  • To view the photos of this year’s Southern Africa Road Trip click on the gallery link or follow our Instagram account at why.africa https://www.whyafrica.co.za/road-trips/whyafrica-road-trips/. 
  1. Advertising:
  • We publish daily online articles on our WhyAfrica platform and post them on social media every day. Our combined online reach is more than 45,000. In-article banner ads are highly successful advertising tools as is advertising space on our website.
  • In addition to our bi-weekly newsletters, we publish two printed- and two interactive digital magazines per year. The printed magazines are distributed at major events and conferences throughout the year, and also on our WhyAfrica Road trips.
  • Digital magazines are e-mailed to all our subscribers and shared on our social media platforms. A copy of the latest edition is automatically attached to all our outgoing e-mails.
  • WhyAfrica magazines provide great marketing opportunities. There are also in-article and on-line advertising opportunities at exceptional rates. Contact me for more information on leon@whyafrica.co.za or give me a call.
  • To subscribe to WhyAfrica’s free newsletters and magazines click on the link and register: https://www.whyafrica.co.za/subscribe/  
  1. 4. Partnerships
  • Maximise your African exposure and link with our large business network through becoming one of only 10 WhyAfrica partners. We have only five prime partnership positions left for 2023, so contact me at leon@whyafrica.co.za to get the best deal. 

Bold visions and solid pledges

Share Article


AgricultureEnvironmental Management & Climate ChangeEnergyESGInfrastructureMiningPolitical EconomyTourism and ConservationWater Management