Renewable energy access key to climate adaptation in Africa: UN chief
“As the continent that has contributed least to the climate crisis, Africa deserves the strongest possible support and solidarity”, he told an online dialogue for leaders convened by the African Development Bank.
Mr. Guterres warned that “adaptation must not be the neglected half of the climate equation”.
Old models failing
Although Africa has abundant and untapped renewable resources, it has received just two per cent of global investment in renewable energy over the past decade, he reported.
Old models of development and energy use have failed to provide Africans with universal energy access, he said, meaning hundreds of millions of people still lack reliable and affordable electricity or are cooking with polluting and harmful fuels.
“We can provide universal access to energy in Africa primarily through renewable energy. I call for a comprehensive package of support to meet this objective ahead of COP26,” Mr. Guterres said, referring to the UN climate change conference in November.
“It is achievable. It is necessary. It is overdue. And it is smart: climate action is a $3 trillion investment opportunity in Africa by 2030," he added.
‘Major finance gap’
However, the Secretary-General pointed to “the major finance” gap blocking progress towards this goal. He urged developed countries to deliver on their $100 billion climate commitment made over a decade ago.
“Developed countries and main financers must ensure a swift shift of the billions to support African green investments, to increase resilience and to create the conditions for scaled-up private finance”, he said.
“And the private sector must step up and get organized to provide immediate, concrete solutions to governments. Local authorities can work with unions and community leaders on reskilling and social security nets.”
Commitment and fiscal autonomy
While African Governments also can lead the way by committing to ambitious adaptation and mitigation plans, they first need to regain their fiscal autonomy, he said.
The Secretary-General stressed the need to extend the debt moratorium for developing countries, made last year in response to the COVID-19 pandemic, and even cancelling debts where appropriate.
Furthermore, Special Drawing Rights, a type of supplementary foreign reserve maintained by the International Monetary Fund (IMF), must also be made available to support Africa’s recovery.
© UN News (2021) — All Rights ReservedOriginal source: UN News
Where next?
Browse related news topics:
Read the latest news stories:
- Navigating Global Climate Challenges: Perspectives from China's COP29 Delegation Saturday, November 23, 2024
- COP29 climate talks conclude with $300 billion annual pledge, but developing nations call deal ‘an insult’ Saturday, November 23, 2024
- Gaza update: Fleeing families just have ‘the clothes on their back’ Saturday, November 23, 2024
- ICC issues arrest warrants for Israel, Hamas leadership: what happens next? Saturday, November 23, 2024
- The trial that brought down a warlord Saturday, November 23, 2024
- Preparing for climate chaos in Timor-Leste, one of the world’s most vulnerable nations Saturday, November 23, 2024
- Insights From Negotiator into How COPs Move Needle Towards Healthy, Liveable Planet Saturday, November 23, 2024
- AI-powered Weapons Depersonalise the Violence, Making It Easier for the Military to Approve More Destruction Friday, November 22, 2024
- Climate Change in Azerbaijan is Putting Women at Increased Risk of Gender-Based Violence Friday, November 22, 2024
- Once in a Blue Moon, Things Dont Fall Apart Friday, November 22, 2024
Learn more about the related issues: