YAOUNDE, Cameroon (PAMACC News) - African Forestry sector experts have been trained on how best to attract climate financing. The training workshop taking place in Douala, Cameroon March 14-18, 2022 is being organized by the African Forest Forum, AFF in collaboration with Global Forest Financing Facilitation Network - GFFFN).

Climate finance experts say Climate change presents a US$3 trillion investment opportunity up for grabs in Africa by 2030 with the private sector expected to lead in driving green investment and development, says Barbara Buchner, the Executive Director for Climate Finance Program at Climate Policy Initiative (CPI) who lent her voice to those of other experts at the Finance day event organize by the African Development Bank during COP24 in Poland.

 Even though opportunities exist to finance climate change projects, African countries still find it hard accessing climate funding.

One of the key reasons according to experts is that stakeholders in the forest sector don’t fully master what funding opportunities exist, and how to draft bankable projects to attract such funding.

“ African Forest stakeholders have to be abreast with the different funding opportunities and also be empowered with skills on drafting bankable project,” says Peter Gondo of the UNFF Secretariat.

AFF in a document notes that among the constraints that impede efficient and adequate climate finance mobilization by most African countries are insufficient domestic capacity at technical, institutional and financial levels to , the development of quality project proposals that respond to investment criteria of climate funds, the laying down of sound implementation mechanisms as well as the establishment of a functional reporting systems.

It is against this backdrop that AFF is training forest stakeholders on available funding openings and the techniques of drafting bankable projects, he says at the opening session of the workshop in Douala, March 14th.

These challenges were also highlighted by Dr Marie Louise Avana-Tientcheu, of AFF and lecturer at the University of Dschang ,Cameroon who presented a message from the Executive Secretary of the African Forest Forum (Professor Godwin Kowero)

“The need to provide consistent support to African countries in building their capacity to fully deploy mechanisms to mobilize climate finance, has become imperative,’ she said.

The participants, drawn from   governmental / forest administration and non-governmental organizations (and this includes the private sector)  have come from Burkina Faso, Cameroon, Central African Republic, Comoros, Côte d’Ivoire, Democratic Republic of Congo, Madagascar and Togo

The  papers presented by the different resource persons, Peter Gondo, Larwanou Mahamane, Kouassigan Tovivo all highlighted globally the multiple climate funding opportunities and institutions as well as the elements potential project proposals need to address to be able to attract funding.

Funding institutions among others included the World Bank,UN-REDD, LCDF( Fund for less developed countries, Multilateral Development Banks like AfDB, West African Bank, Green Climate Fund, GEF, Forest Carbon Partnership, European Union, USAID, GIZ etc.
 

The African Forest Forum (AFF) is a pan-African non-governmental organization with its headquarters in Nairobi, Kenya. It is an association of individuals who share the quest for and commitment to the sustainable management, use and conservation of the forest and tree resources of Africa for the socio- economic wellbeing of its people and for the stability and improvement of its environment. The purpose of AFF is to provide a platform and create an enabling environment for independent and objective analysis, advocacy and advice on relevant policy and technical issues pertaining to achieving sustainable management, use and conservation of Africa’s forest and tree resources as part of efforts to reduce poverty, promote gender equality, economic and social development and protect the environment.

YAOUNDE, Cameroon (PAMACC News) - African Forestry sector experts have been trained on how best to attract climate financing. The training workshop taking place in Douala, Cameroon March 14-18, 2022 is being organized by the African Forest Forum, AFF in collaboration with Global Forest Financing Facilitation Network - GFFFN).

Climate finance experts say Climate change presents a US$3 trillion investment opportunity up for grabs in Africa by 2030 with the private sector expected to lead in driving green investment and development, says Barbara Buchner, the Executive Director for Climate Finance Program at Climate Policy Initiative (CPI) who lent her voice to those of other experts at the Finance day event organize by the African Development Bank during COP24 in Poland.

 Even though opportunities exist to finance climate change projects, African countries still find it hard accessing climate funding.

One of the key reasons according to experts is that stakeholders in the forest sector don’t fully master what funding opportunities exist, and how to draft bankable projects to attract such funding.

“ African Forest stakeholders have to be abreast with the different funding opportunities and also be empowered with skills on drafting bankable project,” says Peter Gondo of the UNFF Secretariat.

AFF in a document notes that among the constraints that impede efficient and adequate climate finance mobilization by most African countries are insufficient domestic capacity at technical, institutional and financial levels to , the development of quality project proposals that respond to investment criteria of climate funds, the laying down of sound implementation mechanisms as well as the establishment of a functional reporting systems.

It is against this backdrop that AFF is training forest stakeholders on available funding openings and the techniques of drafting bankable projects, he says at the opening session of the workshop in Douala, March 14th.

These challenges were also highlighted by Dr Marie Louise Avana-Tientcheu, of AFF and lecturer at the University of Dschang ,Cameroon who presented a message from the Executive Secretary of the African Forest Forum (Professor Godwin Kowero)

“The need to provide consistent support to African countries in building their capacity to fully deploy mechanisms to mobilize climate finance, has become imperative,’ she said.

The participants, drawn from   governmental / forest administration and non-governmental organizations (and this includes the private sector)  have come from Burkina Faso, Cameroon, Central African Republic, Comoros, Côte d’Ivoire, Democratic Republic of Congo, Madagascar and Togo

The  papers presented by the different resource persons, Peter Gondo, Larwanou Mahamane, Kouassigan Tovivo all highlighted globally the multiple climate funding opportunities and institutions as well as the elements potential project proposals need to address to be able to attract funding.

Funding institutions among others included the World Bank,UN-REDD, LCDF( Fund for less developed countries, Multilateral Development Banks like AfDB, West African Bank, Green Climate Fund, GEF, Forest Carbon Partnership, European Union, USAID, GIZ etc.
 

The African Forest Forum (AFF) is a pan-African non-governmental organization with its headquarters in Nairobi, Kenya. It is an association of individuals who share the quest for and commitment to the sustainable management, use and conservation of the forest and tree resources of Africa for the socio- economic wellbeing of its people and for the stability and improvement of its environment. The purpose of AFF is to provide a platform and create an enabling environment for independent and objective analysis, advocacy and advice on relevant policy and technical issues pertaining to achieving sustainable management, use and conservation of Africa’s forest and tree resources as part of efforts to reduce poverty, promote gender equality, economic and social development and protect the environment.

NAIROBI, Kenya (PAMACC News) - Heads of State, Ministers of environment and other representatives from 175 nations endorsed a historic resolution at the UN Environment Assembly (UNEA-5) today in Nairobi to End Plastic Pollution and forge an international legally binding agreement by 2024. The resolution addresses the full lifecycle of plastic, including its production, design and disposal.

“Against the backdrop of geopolitical turmoil, the UN Environment Assembly shows multilateral cooperation at its best,” said the President of UNEA-5 and Norway’s Minister for Climate and the Environment, Espen Barth Eide. “Plastic pollution has grown into an epidemic. With today’s resolution we are officially on track for a cure.” 

The resolution, based on three initial draft resolutions from various nations, establishes an Intergovernmental Negotiating Committee (INC), which will begin its work in 2022, with the ambition of completing a draft global legally binding agreement by the end of 2024. It is expected to present a legally binding instrument, which would reflect diverse alternatives to address the full lifecycle of plastics, the design of reusable and recyclable products and materials, and the need for enhanced international collaboration to facilitate access to technology, capacity building and scientific and technical cooperation.

The UN Environment Programme (UNEP) will convene a forum by the end of 2022 that is open to all stakeholders in conjunction with the first session of the INC, to share knowledge and best practices in different parts of the world. It will facilitate open discussions and ensure they are informed by science, reporting on progress throughout the next two years. Finally, upon completion of the INC’s work, UNEP will convene a diplomatic conference to adopt its outcome and open it for signatures.

“Today marks a triumph by planet earth over single-use plastics. This is the most significant environmental multilateral deal since the Paris accord. It is an insurance policy for this generation and future ones, so they may live with plastic and not be doomed by it.” said Inger Andersen, Executive Director of UNEP.

“Let it be clear that the INC’s mandate does not grant any stakeholder a two-year pause. In parallel to negotiations over an international binding agreement, UNEP will work with any willing government and business across the value chain to shift away from single-use plastics, as well as to mobilise private finance and remove barriers to investments in research and in a new circular economy,” Andersen added.

Plastic production soared from 2 million tonnes in 1950 to 348 million tonnes in 2017, becoming a global industry valued at US$522.6 billion, and it is expected to double in capacity by 2040. The impacts of plastic production and pollution on the triple planetary crisis of climate change, nature loss and pollution are a catastrophe in the making:

• Exposure to plastics can harm human health, potentially affecting fertility, hormonal, metabolic and neurological activity, and open burning of plastics contributes to air pollution.
• By 2050 greenhouse gas emissions associated with plastic production, use and disposal would account for 15 per cent of allowed emissions, under the goal of limiting global warming to 1.5°C (34.7°F).
• More than 800 marine and coastal species are affected by this pollution through ingestion, entanglement, and other dangers.
• Some 11 million tonnes of plastic waste flow annually into oceans. This may triple by 2040.
• A shift to a circular economy can reduce the volume of plastics entering oceans by over 80 per cent by 2040; reduce virgin plastic production by 55 per cent; save governments US$70 billion by 2040; reduce greenhouse gas emissions by 25 per cent; and create 700,000 additional jobs – mainly in the global south.

The historic resolution, titled “End Plastic Pollution: Towards an internationally legally binding instrument” was adopted with the conclusion of the three-day UNEA-5.2 meeting, attended by more than 3,400 in-person and 1,500 online participants from 175 UN Member States, including 79 ministers and 17 high-level officials.

The Assembly will be followed by “UNEP@50,” a two-day Special Session of the Assembly marking UNEP’s 50^th anniversary where Member States are expected to address how to build a resilient and inclusive post-pandemic world.

NAIROBI, Kenya (PAMACC News) - Heads of State, Ministers of environment and other representatives from 175 nations endorsed a historic resolution at the UN Environment Assembly (UNEA-5) today in Nairobi to End Plastic Pollution and forge an international legally binding agreement by 2024. The resolution addresses the full lifecycle of plastic, including its production, design and disposal.

“Against the backdrop of geopolitical turmoil, the UN Environment Assembly shows multilateral cooperation at its best,” said the President of UNEA-5 and Norway’s Minister for Climate and the Environment, Espen Barth Eide. “Plastic pollution has grown into an epidemic. With today’s resolution we are officially on track for a cure.” 

The resolution, based on three initial draft resolutions from various nations, establishes an Intergovernmental Negotiating Committee (INC), which will begin its work in 2022, with the ambition of completing a draft global legally binding agreement by the end of 2024. It is expected to present a legally binding instrument, which would reflect diverse alternatives to address the full lifecycle of plastics, the design of reusable and recyclable products and materials, and the need for enhanced international collaboration to facilitate access to technology, capacity building and scientific and technical cooperation.

The UN Environment Programme (UNEP) will convene a forum by the end of 2022 that is open to all stakeholders in conjunction with the first session of the INC, to share knowledge and best practices in different parts of the world. It will facilitate open discussions and ensure they are informed by science, reporting on progress throughout the next two years. Finally, upon completion of the INC’s work, UNEP will convene a diplomatic conference to adopt its outcome and open it for signatures.

“Today marks a triumph by planet earth over single-use plastics. This is the most significant environmental multilateral deal since the Paris accord. It is an insurance policy for this generation and future ones, so they may live with plastic and not be doomed by it.” said Inger Andersen, Executive Director of UNEP.

“Let it be clear that the INC’s mandate does not grant any stakeholder a two-year pause. In parallel to negotiations over an international binding agreement, UNEP will work with any willing government and business across the value chain to shift away from single-use plastics, as well as to mobilise private finance and remove barriers to investments in research and in a new circular economy,” Andersen added.

Plastic production soared from 2 million tonnes in 1950 to 348 million tonnes in 2017, becoming a global industry valued at US$522.6 billion, and it is expected to double in capacity by 2040. The impacts of plastic production and pollution on the triple planetary crisis of climate change, nature loss and pollution are a catastrophe in the making:

• Exposure to plastics can harm human health, potentially affecting fertility, hormonal, metabolic and neurological activity, and open burning of plastics contributes to air pollution.
• By 2050 greenhouse gas emissions associated with plastic production, use and disposal would account for 15 per cent of allowed emissions, under the goal of limiting global warming to 1.5°C (34.7°F).
• More than 800 marine and coastal species are affected by this pollution through ingestion, entanglement, and other dangers.
• Some 11 million tonnes of plastic waste flow annually into oceans. This may triple by 2040.
• A shift to a circular economy can reduce the volume of plastics entering oceans by over 80 per cent by 2040; reduce virgin plastic production by 55 per cent; save governments US$70 billion by 2040; reduce greenhouse gas emissions by 25 per cent; and create 700,000 additional jobs – mainly in the global south.

The historic resolution, titled “End Plastic Pollution: Towards an internationally legally binding instrument” was adopted with the conclusion of the three-day UNEA-5.2 meeting, attended by more than 3,400 in-person and 1,500 online participants from 175 UN Member States, including 79 ministers and 17 high-level officials.

The Assembly will be followed by “UNEP@50,” a two-day Special Session of the Assembly marking UNEP’s 50^th anniversary where Member States are expected to address how to build a resilient and inclusive post-pandemic world.