Climate Change in Africa
A race against time
Gareth Phillips is Chief Climate Change and Green Officer in the AfDB Environment and Climate Change Division. His background is in forestry and sustainable resource management; carbon market mechanisms including Clean Development Mechanism and Joint Implementation; emission trading schemes and the international climate negotiations; climate finance and green growth.
The Pilot Program for Climate Resilience (PPCR), the Climate Investment Funds’ (CIF) resilience program for low-income countries, is a bellwether for today’s emerging renovation of the global climate finance architecture. Its role as a preeminent global public sector program funding adaptation to climate change must be reviewed in light of the advent of the Green Climate Fund (GCF), which is aiming to direct 50% of its funds to adaptation.
Positive GDP growth has occurred across the continent for many years with bright spots in North, East, West and Southern regions which clearly show that development is spreading. Initiatives to promote energy such as the New Energy Deal for Africa recently launched in the African Development Bank, the Africa Renewable Energy Initiative, Sustainable Energy 4 All (SE4ALL) and SEFA and CTF under the Climate Investment Funds are just some of the large scale initiatives promoting various forms of energy across Africa. The recent Economic Community of West African States (ECOWAS) renewable energy competition hosted by the AfDB showed that there is no shortage of small scale and innovative initiatives being promoted by avid entrepreneurs.
Under a post 2020 climate regime, all countries will have the opportunity (obligation?) to develop and implement effective policies and measures to help meet their climate change commitments. Carbon markets have had a chequered history but their time could be approaching. Here are seven steps to create a carbon market which can be implemented approximately sequentially over a timescale of 5 to 15 years:
The US$100 billion additional finance unveiled in the run-up to CoP21 is an important sign of commitment from developed countries. In fact, many developing countries see it as the single most important issue for the Paris COP. However, while it's a significant sum, there is a danger that if we focus too much on it, we'll miss the real event.
You may be forgiven for thinking that Intended Nationally Determined Contributions or INDCs are just another UNFCCC requirement to add to a long list of reports and official submissions on the UNFCCC website which consume resources in hard-pressed finance, planning and environment ministries.