The Second All-Africa Carbon Forum 2010
The Africa Carbon Forum (ACF) is a regional platform established to promote knowledge and information sharing including business facilitation among the main carbon market players in the region. It is an event that brings together representatives from Designated National Authorities (DNA), Climate Change National Focal Points, Government and the Private Sector. This year the second Africa Carbon Forum has taken place in Nairobi, Kenya, 3-5 March 2010.
The ACF is an important implementation mechanism of the Nairobi Framework which was initiated in 2006 by the United Nations Development Programme (UNDP), United Nations Environment Programme (UNEP), World Bank Group, African Development Bank (AfDB), and the Secretariat of the United Nations Framework Convention on Climate Change (UNFCCC). The mandate of the Nairobi Framework partners is to assist developing countries, especially those in Sub-Sahara Africa, to improve their level of participation in the Clean Development Mechanism (CDM).
The African Development Bank, as one of the strategic implementing partners, has been actively involved in the planning and organisation of this forum and is supporting the participation of key Regional Member Country (RMC) representatives. In addition to speaking at the opening ceremony and selected plenary and workshop sessions, the Bank hosted a side event and an exhibition stand to showcase its work on climate change mitigation and adaptation in Africa, with a focus on its clean energy projects and the Congo Basin Forest Fund (CBFF).
Highlights of AfDB Presentation at ACF
- Africa is the continent that is among the worst affected by climate change, even though it is not responsible for the phenomenon.
- The power generation capacity in Africa is only 37 megawatts per million of population which is a disappointing 10% of the average capacity in other developing countries.
- In Africa, expansion of infrastructure is not a choice. It is a necessity. Africa needs electricity and it needs electricity from all available sources. Renewable energy in Africa is only one component of the total energy expansion it needs. However, it is essential, in order to ensure that the continent’s infrastructure development is sustainable in the long term.
- The Clean Development Mechanism (CDM) should be a tool that helps make projects bankable. It thus provides an opportunity to shape Africa’s infrastructure development in a more sustainable fashion than conventional technologies.
- The African Development Bank is working extensively in promoting and renewable energy on the continent via both its public and private sector windows.
- As the Bank ramped up its lending to a record $9 bln in 2009 as part of its financial crisis response, energy represented more than 30% of this. In 2008 the Bank adopted the Climate Energy Investment Framework and is finalizing its Climate Change Action Plan. The Bank is also implementing the Congo Basin Forest Fund, a $100mln facility.
- Program (769 kB)
- Concept Note (142 kB)
- AfDB presentation: Clean Development Mechanism/Projects Utilizing Carbon Credits (1.6 MB)
- AfDB at Africa Carbon Forum 2010 (2.5 MB)
- Nairobi, Kenya, 3 March 2010 - Statement by Mrs Hela Cheikhrouhou, Manager, Infrastructure Finance, Private Sector Department, AfDB at the Africa Carbon Forum 2010 (124 kB)