Skip to main content

World Bank sets ambitious targets for Green and resilient economic growth in Africa


The World Bank has released the Next Generation Africa Climate Business Plan (NG-ACBP), which sets out a blueprint to help Sub-Saharan African economies achieve low carbon and climate-resilient outcomes.

The Plan calls for countries to seize the opportunity to scale-up climate resilience to grow their economies and reduce poverty, redouble efforts to increase energy access across the region, and take advantage of sustainable and innovative approaches to leapfrog into greener development pathways.  Without rapid deployment of inclusive, climate-informed development, 43 million additional people could be pushed below the poverty line by 2030 in Sub-Saharan Africa.

As the largest financier of climate action in Africa, the World Bank will use this new Climate Plan to build on a strong track record under the original plan in which the Bank supported 346 projects with more than US$33 billion in World Bank financing over the past six years.

The climate challenge cuts across every priority – poverty reduction, agriculture, job creation, women’s empowerment, fragility, and more,” says Ousmane Diagana, World Bank Vice President for West and Central Africa. “Countries therefore have to tackle it in multiple ways, including by helping cities develop in clean ways, making climate smart agriculture practices the norm, improving clean, green, and affordable energy, and putting people and communities at the forefront in order to improve lives and protect the future.”

Read also: Gov’t targets 16 million registered taxpayers through national ID system

Over the next six years (2021–26), the World Bank will focus on five key areas in Africa— food security, clean energy, green and resilient cities, environmental stability, and climate shocks— that emphasize the interrelatedness of climate risks and opportunities. The Plan sets ambitious goals that push the boundaries of sustainable development in Africa, including training 10 million farmers on climate-smart agricultural approaches, expanding integrated landscape management over 60 million hectares in 20 countries, increasing renewable energy generation capacity from 28GW to 38GW to increase access to clean electricity, and outfitting at least 3O cities with low carbon and compact urban planning approaches.

Africa’s main challenge is to adapt to climate change by investing in more resilient agriculture and food systems, building infrastructure that resists extreme weather events, protecting its coastal cities, and enhancing disaster preparedness systems,” says Hafez Ghanem, World Bank Vice President for East and Southern Africa. At the same time, green technologies provide an opportunity for growth and job creation.  This is especially true in the energy sector where renewables have become a source of clean and inexpensive energy, bringing the goal of universal access to electricity within reach.”

The World Bank recommends that Sub-Saharan African countries enact policy reforms that recognize the realities of climate change, in order to strengthen recovery and promote long-term growth. This includes addressing the sizable infrastructure gap in a green and resilient manner, using less carbon-intensive materials and technologies while creating more competitive job opportunities.

The development of the Plan was led by Kanta Kumari Rigaud, Lead Environment Specialist Rigaud, who underscores that ramping up climate action on both the resilience and clean energy fronts is critical to address climate change and poverty in Sub-Saharan Africa, as the window of opportunity to counter the climate crisis is rapidly narrowing.

This Plan will be rolled out amid the COVID-19 pandemic, recognizing that climate action and green recovery will be key priorities as countries work to build back better from one of the biggest setbacks in the region’s development in the last 25 years.

 

Comments

Popular posts from this blog

US-Based Doctor Supports Weija Leprosarium, Underprivileged Children In Ankaase With Cash & Food Items

 In a remarkable display of philanthropy, US-based medical practitioner, Dr. Kofi Kyei Sarfo, and the Sarfo family have made significant donations to support vulnerable communities in Ghana. During his visit to Ghana for the Christmas and New Year festivities, Dr. Sarfo and his family donated assorted food items and $5,000 to the Weija Leprosarium in Accra. This generous act aims to improve the lives of the inmates and support the tireless efforts of Rev. Father Andrew Campbell, founder of the Lepers Aid Committee. The donation to the Weija Leprosarium is a testament to Dr. Sarfo's commitment to giving back to his community. He praised Rev. Father Andrew Campbell for his selfless work in integrating cured lepers into society, emphasizing the need for continued support to ensure the well-being of the inmates. Dr. Sarfo encouraged others to follow in his footsteps, stating that every donation, no matter how small, can make a significant difference in the lives of the inmates. The don...

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...

Mfantsiman Girls to Host 65th Speech & Prize-Giving Day

  Mfantsiman Girls Senior High School is set to host the 65th Speech and Prize-giving Day and Homecoming from 14th to 16th March at Saltpond in the Central region. This year’s Speech and Prize-giving day is being hosted by the 2000-year group, and over 5000 old girls and students of Mfantsiman Girls are expected to attend the programme. Under the theme, ‘Leveraging New Media Technology to Optimize Girl Child Education,’ the event will emphasize the importance of harnessing technology to address the unique challenges faced by girls in accessing quality education, particularly in marginalized communities. By leveraging new media technology, we can create inclusive, interactive, and engaging learning environments that empower girls to reach their full potential. The theme will also serve as a call to action, encouraging students, educators, and stakeholders to explore innovative ways to integrate technology into girl child education, ultimately driving positive change and promoting a...