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  • 2023
  • September
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  • Exploring Comprehensive Solutions at the Climate Summit: Beyond Carbon Markets
  • Economic Justice and Rights

Exploring Comprehensive Solutions at the Climate Summit: Beyond Carbon Markets

On 2 years Ago
Samantha Chen

Table of Contents

  • Go Beyond Carbon Markets at the Upcoming Africa Climate Summit
    • Introduction
    • The Danger of Focusing Only on Carbon Markets
      • Opportunity for Redemption
    • Advocating for Comprehensive Climate Financing
    • The Urgency of Climate Action
      • A Regional Powerhouse for Climate Action
  • You might want to read !

Go Beyond Carbon Markets at the Upcoming Africa Climate Summit

Introduction

The inaugural Africa Climate Summit, hosted by the Kenya Government and the African Union Commission, is set to take place this week. This event brings together thousands of state and non-state delegates with the aim of establishing a united African position ahead of the global climate negotiations in November. However, there are concerns that the focus on carbon markets is overshadowing the need for more ambitious and comprehensive climate commitments. This report will examine the implications of a carbon market-driven approach and argue for a broader and more sustainable approach to climate action.

The Danger of Focusing Only on Carbon Markets

The reliance on carbon markets as a solution to climate change is a dangerous distraction from the urgent need for comprehensive climate commitments. Carbon markets were initially created as a way for governments and companies to address their greenhouse gas emissions by funding initiatives that reduce or remove carbon dioxide from the atmosphere. While this approach may seem attractive to wealthy industrialized nations and corporations in the Global North, it reinforces historical and structural inequalities between the Global North and South.

Carbon markets allow wealthy nations and corporations to maintain carbon-intensive practices while transferring their emission reduction obligations to projects in Africa. This perpetuates the cycle of climate warming and further exacerbates the inequalities between countries. It is concerning that corporate interests, represented by McKinsey and Anjarwalla & Khanna (ALN Kenya) in this case, appear to have captured the direction of the summit.

Opportunity for Redemption

Despite these concerns, there is an opportunity for African leaders to redeem the Summit by redirecting the Nairobi Declaration. As the host of the Summit, Kenya must take the lead in advocating for a more sustainable and equitable approach to climate action. Kenya is particularly vulnerable to climate change, with erratic rainfall devastating livelihoods and pushing a significant portion of the population towards hunger. Resource-based competition over water and pasture also increases conflict and destabilizes national security.

In order to demonstrate its leadership, Kenya must prioritize tangible climate change mitigation efforts. The aspiration to plant 15 billion trees, for example, requires a detailed national plan that includes specific seedling sourcing and planting locations. Moreover, the lifting of the ban on logging and the current destruction of public and community forests risk undoing the progress made over the last five years. The government must comply with the court order suspending the resumption of logging.

Advocating for Comprehensive Climate Financing

Rather than establishing a carbon trading framework, Kenya should prioritize advocating for sustainable and equitable climate financing, including the Loss and Damage Fund. The government, along with county governments, should allocate adequate resources for mitigation, climate-friendly county development plans, forest conservation, and renewable energy. These actions would strengthen Kenya’s moral credibility to speak assertively on climate change and protect local communities, their livelihoods, and wildlife.

The Urgency of Climate Action

Recent events, such as the national electricity blackout and the looming threat of El NiƱo rains, serve as reminders of our vulnerability in the face of climate catastrophes. The search for reliable energy sources, climate-smart economies, and favorable weather conditions cannot be more urgent. The Africa Climate Summit provides an opportunity for Kenya to reflect on its international and domestic climate commitments.

A Regional Powerhouse for Climate Action

This Summit also offers the Government and people of Kenya a platform to demonstrate unequivocal leadership as a regional powerhouse and global catalyst for conservation and climate action. By going beyond carbon markets and embracing more ambitious, sustainable, and comprehensive forms of climate action, Kenya can make a significant impact on mitigating climate change and protecting its people and ecosystems.

In conclusion, the Africa Climate Summit must prioritize ambitious and long-lasting climate commitments over a narrow focus on carbon markets. Kenya, as the Summit host, must take the lead in redirecting the Summit’s direction towards a more sustainable and equitable approach to climate action. By doing so, Kenya can set an example for other African countries and contribute to global efforts to combat climate change.

Sustainability-climatechange,climatesummit,carbonmarkets,comprehensivesolutions


Exploring Comprehensive Solutions at the Climate Summit: Beyond Carbon Markets
<< photo by Sora Shimazaki >>
The image is for illustrative purposes only and does not depict the actual situation.

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In Economic Justice and RightsIn carbonmarkets , climatechange , climatesummit , comprehensivesolutions

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