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African leaders, communities seek a new and effective wildlife economy

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Zimbabwe’s President Emmerson Mnangagwa officially opened the African continent’s first-ever Wildlife Economy Summit in Victoria Falls this morning, which brings together African Heads of State, ministers, community representatives, private investors and scientists to work towards changing the way the continent manages its nature-based economy.

In attendance at the Summit are Botswana’s President Mokgweetsi EK Masisi, Namibia’s President Hage Geingob and President Edgar Lungu of Zambia, as well as 12 Ministerial delegations from across Africa.

“I am optimistic that our deliberations will go a long way towards the realization of the conservation agenda of our great content Africa,” he added. “Wildlife resources have a tremendous potential to be instrumental in sustainable social economic development.”

The UN Environment Programme’s (UNEP) Deputy Executive Director, Joyce Msuya, congratulated President Mnangagwa for organizing such a high-level Summit on Africa’s wildlife economy, adding that the inclusion of communities alongside Heads of State and private investors was a positive step in the shift towards a sustainable wildlife economy for Africa.

“When communities living closest to wildlife have a clear role and stake in managing nature, they have a stronger incentive to conserve it,” she added. “If the communities living with wildlife, are given the tools, incentives and support to find solutions, a conservation renaissance is possible.”

A working paper presented at the Summit by international conservation organization Space for Giants – with the support of UNEP – reports that bringing new, private sector investment to under-funded protected areas to capitalize on surging interest in nature-based tourism in Africa would help fund conservation without draining state finances, while driving sustainable local and national development.

Convened by UNEP and the African Union (AU), and hosted by President Mnangagwa, the Summit will launch the African Wildlife Economy Initiative – a new, Africa-led vision of conservation that links the private sector with national authorities and communities to design and finance conservation-compatible investments that deliver sustainable economic and ecological benefits to countries, people and the environment.

Major commitments and new projects are expected from the Summit – which concludes on 25 June – with workshops and symposiums to follow.

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Climate change: Scientists warn over impact on food security and oceans

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UN climate scientists presented MEPs with new evidence on how climate change is affecting food production and oceans.

The Intergovernmental Panel on Climate Change is the United Nations body for assessing the science related to climate change. In August, it presented a report on climate change and land and in September one on the oceans and cryosphere in a changing climate. The reports are the latest scientific input for the UN climate summit COP25 to be held in Madrid in December.

The scientists behind the reports presented their findings to Parliament’s environment, development and fisheries committees on Wednesday 6 November.

Food production and climate change a two-way street

Professor Jim Skea told MEPs climate change was exacerbating land degradation, such as erosion and pollution, which in turn affects infrastructure and people’s livelihoods. Better land management can help tackle climate change but it must be complemented by other action, he added.

Dr Jean-François Soussana noted that the food system accounts for between a fifth and a third of all greenhouse gas emissions caused by humans. At the same time, climate change affects food security through declining crops of wheat and maize. He warned that in future the stability of our food supply would decrease further as the magnitude and frequency of extreme weather events increases.

Melting ice, rising seas

According to scientists, the rise in sea level is accelerating, mainly due to the Greenland and Antarctic ice sheets melting faster.

Professor Hans-Otto Pörtner warned that in a business as usual scenario the sea level is estimated to rise about five metres by 2300. In addition, in warming oceans marine life has access to less oxygen and nutrients, putting food security at risk for communities dependent on seafood.

Pörtner added: “To minimise the severity of the impact of climate change, every bit of warming matters, each year matters, each choice matters, and most importantly, political and societal will matters.”

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Trade and Development Bank, UNEP to collaborate on climate finance

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In a pledge to continue stepping-up its commitment to climate change mitigation and adaptation action, the Eastern and Southern African Trade and Development Bank (TDB) signed a Memorandum of Understanding today with the UN Environment Programme (UNEP).

The MOU effectively establishes a framework of cooperation through which the two institutions can collaborate in a number of areas critical to the global environmental agenda.

In the field of clean energy finance, TDB and UNEP will work to enhance investment opportunities for both public and private finance to support the dissemination of clean energy technologies. This will include supporting the early stage development and project finance of renewable energy projects, as well as the development of financing mechanisms to allow access to smaller-scale sustainable energy and energy-efficient appliances for household and productive use.

Additionally, the two institutions will cooperate on supporting eligible TDB Member States to access Green Climate Fund resources to enable them to adapt to the changing climate and develop along a low-emission pathway.

“As a member of the International Development Finance Club, a leading global group of development financiers advancing the Sustainable Development Goals (SDGs) and climate finance, TDB works closely with its partners to implement the 2030 SDG Agenda as well as the Paris Climate Agreement. With global partners such as UNEP, we expect to more seriously realize the international commitment to support Africa to grow and develop sustainably,” said Admassu Tadesse, TDB President and Chief Executive.

Michael Awori, TDB Chief Operating Officer, added that “our commitment is evidenced by the fact that 70% of our power sector portfolio is in renewable energy. With this track record, we are the right partner with whom to co-finance and support more sustainable growth and development projects across various sectors.”

“While Eastern and Southern African economic growth continues to be strong, there is great potential to harness clean energy in the region. UNEP and TDB are partnering to support wide dissemination of clean energy technologies and unlock the financial resources needed to meet the challenges of the 2030 Agenda for Sustainable Development,” said Joyce Msuya, Deputy Executive Director of UNEP.

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CLEANTECH: A Catalyst for Climate Action

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On the third day of the 18th Session of its General Conference, the United Nations Industrial Development Organization (UNIDO) organized an event on innovative Cleantech solutions supported by UNIDO and its partners, which showcased their high potential to address environmental challenges, especially as a catalyst for Climate Action and the Clean Energy Transition.

The importance of strong and synergistic network partnerships to fulfill a Cleantech solution’s full impact potential – from situational analysis and needs assessment to full-scale commercialization and deployment – was discussed, with an emphasis on closing the financing gap typically experienced by Cleantech enterprises and project developers.

The event further highlighted the broader elements of innovation and entrepreneurship in the Energy Transition, with entrepreneurs sharing their experiences in starting and scaling up impactful ideas and products. Financing models for Cleantech and innovative solutions were introduced, with a view of transforming the investment paradigms and approaches currently applied to Cleantech. Concurrently, the CTCN support was presented, as also applied to youth, men and women.

As such, the event concluded that Cleantech technologies are a crucial and catalytic factor in implementing the global vision of a low-carbon, climate-resilient and sustainable future for all, as outlined in the Paris Agreement. Furthermore, the event deemed very important that economic opportunities embedded in the low-carbon trajectory are leveraged to become profitable business models for climate and energy solutions.

Finally, the event shared insights and recommendations on how the international development community and the private sector could further support climate action and the clean energy transition by promoting the development and deployment of innovative Cleantech solutions.

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