Page 7 - AfrElec Week 14 2021
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AfrElec                                    CLIMATE CHNAGE                                            AfrElec


       Guterres calls for global support




       for Africa’s climate efforts




        GLOBAL           UN Secretary-General António Guterres has   “It is achievable. It is necessary. It is overdue.
                         called for all countries to support Africa’s efforts  And it is smart: climate action is a $3 trillion
                         to limit the effects of climate change and to invest  investment opportunity in Africa by 2030,” he
                         $100bn in the continent’s green energy industry.  added.
                           He said that support for climate adaptation   However, he pointed to “the major finance”
                         in Africa was crucial and urged greater action to  gap blocking progress towards this goal. He
                         provide renewable energy to hundreds of mil-  urged developed countries to deliver on their
                         lions who still lack access to electricity.  $100bn climate commitment made over a dec-
                           “As the continent that has contributed least  ade ago.
                         to the climate crisis, Africa deserves the strong-  “Developed countries and main financers
                         est possible support and solidarity,” he said at  must ensure a swift shift of the billions to support
                         an African Development Bank (AfDB) hosted  African green investments, to increase resilience
                         online forum.                        and to create the conditions for scaled-up private
                           Guterres warned that “adaptation must not be  finance”, he said.
                         the neglected half of the climate equation”.  “And the private sector must step up and get
                           Although Africa has abundant and untapped  organised to provide immediate, concrete solu-
                         renewable resources, it has received just 2% of  tions to governments. Local authorities can work
                         global investment in renewable energy over the  with unions and community leaders on reskill-
                         past decade, he said.                ing and social security nets.”
                           Old models of development and energy use   While African governments also can lead the
                         have failed to provide Africans with universal  way by committing to ambitious adaptation and
                         energy access, he said, meaning hundreds of  mitigation plans, they first need to regain their
                         millions of people still lack reliable and afforda-  fiscal autonomy, he said.
                         ble electricity or are cooking with polluting and   He also called for debt moratoria for devel-
                         harmful fuels.                       oping countries and cancelling debts where
                           “We can provide universal access to energy in  appropriate.
                         Africa primarily through renewable energy. I call   Furthermore, Special Drawing Rights
                         for a comprehensive package of support to meet  (SDRs), a type of supplementary foreign reserve
                         this objective ahead of COP26,” Guterres said,  maintained by the International Monetary Fund
                         referring to the UN climate change conference  (IMF), must also be made available to support
                         in November.                         Africa’s recovery.™








































       Week 14  08•April•2021                   www. NEWSBASE .com                                              P7
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