2012 a Crucial Year for Climate Investment in Africa

A CONFERENCE to be held in Johannesburg, South Africa, next January looks to address the importance of climate change finance and carbon markets for the whole of Africa.

Since carbon markets were first mooted and started, Africa has not seen the same level of benefits that were hoped for. Africa still has the potential to gain significantly through climate finance. Hence the conference “Climate Finance and Carbon Markets Africa 2012” will address the main challenges for climate and energy efficiency projects in Africa.

It is claimed that 2012 will be a year of change for the key stakeholders involved in energy efficiency and other carbon-reducing initiatives raising the importance of this conference.
The Kyoto Protocol expires at the end of this year, leaving the world standing at a crossroads with regard to climate change and all our futures, but particularly for Africa as they lag behind other continents.

The United Nations Framework Convention on Climate Change COP 17 meeting is taking place in Durban, South Africa, from November 28 to December 9, and more than likely key decisions will be made, providing a roadmap for the future of climate finance in Africa.

Hence, climate change energy efficiency initiatives are in a state of flux in Africa, but the end goal of climate conscious economic development is vital for the continent, with consensus on this throughout most African nations.

The “Climate Finance and Carbon Markets Africa 2012” conference will be the first African meeting after COP 17, which will see many experts on energy efficiency and climate finance gather to help develop strategies ensuring that Africa attracts climate finance and can implement improvements in energy efficiency during the post-Kyoto era.

Picture of South Africa Landscape by Zoutedrop reproduced under CCL.

Thursday 15th September 2011

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