Fair Climate Transition - Part 3
With COP28 on the horizon, the Fair Climate Transition debate has reached its peak. Dignitaries from around the world have begun listening to African governments about the need for an equitable approach to achieving global climate goals. Africa’s long-term growth and prosperity are inextricably linked to a successful climate transition, but the immediate needs of Africans and African business are far from being met .
This webinar series of 3 episodes seeks to uncover the African private sector perspective, its needs and challenges to building African prosperity amid a global climate transition.
EPISODE 3 – WATCH THE REPLAY
How Can African Business Be Heard by Global Standard-Setters ?
One-size-fits-all approaches to global policy have rarely served African interests, be it the US Dodd Frank Act’s impact on African mining or the FATF Standards leading to ‘de-risking’ and divestment from Africa. As global climate regulations are conceived and rolled out, they also risk inadvertently harming Africa.
From the EU’s CBAM to DFIs’ investment exclusion lists, how can the African private sector have its voice heard in international forums? Can African governments take up the challenges of commercial diplomacy on the behalf of the African private sector, or must African business unite to tackle the standard-setters head-on?