COP28 Archives - AfricaBusiness.com

By Nicole Iseppi: Director - Global Energy Innovation, Bezos Earth Fund The global climate verdict echoes with even greater clarity post-COP28: it's time for transformational, actionable steps rather than elusive inertia, attention-grabbing promises. Achieving our climate goals requires a tangible shift from fossil fuel reliance, demanding real innovations in the energy system instead of focusing on small-scale, minimal-impact solutions. No longer small steps only large leaps are required by all to deliver the global energy transition. Triggering positive tipping points in the energy system Systemic transformations play a pivotal role in mainstreaming renewable energy. Despite current successes, transformations are not occurring at the speed and scale needed as highlighted in the Global...

The Africa Carbon Markets Initiative (ACMI) is proud to unveil substantial progress and achievements made in 2023, underscoring its commitment to accelerating climate action, promoting sustainable development, and addressing the impacts of climate change in Africa. By sharing its progress, ACMI is doubling down on its support to African carbon markets, whilst also recognizing the incredible progres that global carbon markets have seen at COP28. 1. Comprehensive Carbon Market Activation Plans (CMAPs): ACMI has been actively collaborating with seven African countries, including Kenya, Mozambique, Nigeria, Malawi, DRC, Ghana, and Rwanda, to develop robust Carbon Market Activation Plans (CMAPs). These plans focus on formulating regulations and policies for both voluntary and compliance carbo...

Tag: COP28

Prioritizing Transformational Solutions over Elusive Promises: Reflections from COP28 and Global Climate Conferences End of 2023

Africa Carbon Markets Initiative (ACMI) Unveils Encouraging Progress to Drive Sustainable Development and Combat Climate Change in Africa