Author: THINKTEAM Support

African Group of Negotiators Put Forward COP29 Positions

The African Group of Negotiators has settled on a set of positions it will take to COP29 in November in Baku. Reaching a fair, equitable and fit for purpose new finance goal remains front and centre. The group is also keen to reach agreement on key elements needed to operationalise the Global Goal on Adaptation, the Loss and Damage Fund, and Article 6 on carbon markets.

Youth Perspectives on Loss and Damage

Living in one of the most climate vulnerable regions, African youth are pushing their governments to better prepare for climate impacts and leverage the Fund for Responding to Loss and Damage. We reached out to the Loss and Damage Youth Coalition to learn more about their views on the Fund’s role, their expectations for loss and damage and how their countries are preparing for the effects of climate change.

Rating Africa Right – The Climate Finance Dilemma

A recent push by the African Union might see an African Credit Rating Agency established by early next year. Will this be enough to overcome the credit ratings challenges that have undermined the ability of African countries to access affordable climate finance?

Climate Change is Fuelling Extremism in West African Youth

The loss of agricultural land, reduced water resources, and extreme weather events, among other factors, are creating fertile conditions for youth radicalisation in west Africa. Terrorist groups are exploiting these risk multipliers, often recruiting in the most vulnerable, impoverished, and marginalised areas. Following recurring military coups, ECOWAS is also unstable, lacking the authority, legitimacy and ability to support national climate responses. We spoke with Yero Sarr, a Senegalese climate activist to learn more.

Climate Change: a Curve Ball in SADC’s Quest for Industrialisation?

At the 44th SADC Summit, the bloc grappled with how it would achieve its industrialisation goals whilst responding to climate change and related energy woes. Newly appointed SADC Chair, Zimbabwean President Emmerson Mnangagwa, underscored the centrality of renewable energy in this process, as the region looks to unlock opportunities in agro-processing and minerals beneficiation.

Zimbabwe Seeks to Calm Carbon Market Waters

Zimbabwe is at pains to repair the investor and carbon market damage wrought by last year’s statements, through the introduction of an Article 6 Strategy and Climate Change Management Bill.

African Countries Should Stop Developing Pointless Climate Technology Plans

Technology Needs Assessments (TNAs) are the primary instruments of the technology transfer process under the Paris Agreement. But a total of 21 funded projects over 15 years is reason enough to abandon these archaic assessments. The focus should instead be on the development and dissemination of technologies we already know are in high demand. We should also be having a broader conversation about the wider trade, regulatory and economic environment that undermines technology transfer.

South Africa Finally Gets its Climate Change Act

The long awaited Climate Change Act charts a course for the government to implement decade’s old climate policy, and signals to the international community the nation’s commitment to its emissions trajectory and adaptation ambitions.

Tapping Into The Growing Global ESG Bonds Market – Nigeria Punching Below its Weight

Given the US$ 1.2 billion chasm between the expectations of advanced and developing countries, Africa must find innovative ways to secure the necessary finance for climate action and development. Green bonds offer one means to do so. Nigeria is on a path to expanding its use of green bonds; however, it needs to do a lot more to increase the scale and success of these instruments. 

People’s Climate vote calls for greater action on Climate Change

With 19 African countries due to hold general or presidential elections this year, the People’s Vote on Climate Change highlights key priorities that citizens are looking for their governments to address. There is broad support for a transition away from fossil fuels in African countries, and most wanted greater action to avoid extreme weather events.