The AfDB at the "Africa Carbon Forum" in Marrakech

14/04/2015
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The 7th edition of the Africa Carbon Forum, the regional platform, was held this year in Marrakech, Morocco, from April 13 to 15 under the theme "On the road to Paris: Promoting access to the development of low-carbon emission in Africa while the world works towards a new universal agreement on climate change."

The forum was jointly organised by the African Development Bank (AfDB), the Government of Morocco, the United Nations Framework Convention on Climate Change (UNFCCC), the United Nations Environment Programme (UNEP) with UNEP-Technical University of Denmark (DTU) Partnership, the World Bank and the International Emissions Trading Association (IETA). The global event witnessed the participation of high-level personalities, in particular Morocco's Minister of the Environment, Hakima El Haite; UNFCCC Secretary-General, Christiana Figueres; Climate Change Director at the World Bank Group, James Close; Chairman and CEO of IETA, Dirk Forrister; as well as ministers of African governments.

The African Development Bank Group was present at this forum with the participation of Yacine Fal, the Bank's Resident Representative in Morocco, and Kurt Lonsway, Manager of Climate Change and Environment.

The meeting was marked by a strong message from the Moroccan King to Heads of State, government officials and experts, namely that all cooperation channels should be explored in order to tap into the region's potential. In addition, he said, efforts should be focused on strengthening Africa's position in climate negotiations and opening new prospects for the continent in the fight against the impacts of climate change. Carbon financing should be accessed including through market mechanisms, he noted.

Yacine Fal, for her part, pointed out that climate change will impact poverty and growth particularly in Africa.

"We have to take measures to mitigate the effects of climate change," she said, adding that the AfDB, which has always supported Africa's position, has undertaken to mobilize USD 9.5 billion to lessen the effects of greenhouse gas emissions.

The meeting was an opportunity to share experiences on carbon market investments in Africa. It also helped to build the capacity of African countries in the implementation of low-carbon development strategies, to explore financing possibilities in particular through the Green Climate Fund and to create networks among the various carbon market stakeholders in Africa.

The 2015 edition was marked by the organization of a ministerial segment. This segment provided a good opportunity for African Ministers to prepare for future negotiations and exchanges at continental level on the process of preparation of Intended Nationally Determined Contributions (INDCs) towards the Paris Conference on Climate (COP21), which should adopt the new Agreement on Climate.