Tag Archives: climate change
climate change: Latest News
Opinion: Getting Africa’s Energy Transformation Right Will Involve Policies, Investments That Boost DiversityBy Staff, 1:00 am
Africa has an opportunity to pioneer the next investment frontier. Rather than treating new climate-related risks as hurdles to overcome, African policymakers should view them as opportunities for investment and innovation. To accelerate a market shift on the scale that Africa needs will require increased financing from export credit agencies, development banks, commercial financial institutions, and other cross-border sources.
Dana Sanchez, 10:46 am AFKI Original
Currency depreciation and rising inflation have made investing a challenge in some African countries. A global private-sector development group identifies four African countries that have potential for climate-smart investment. These investments will make energy more accessible and infrastructure more resilient as climate change threatens to undermine developmental gains. South Africa is ahead of the game. With 90% of its electricity from coal, SA has approved 79 renewable energy projects by independent power producers. The cost of wind and solar has decreased more than 70%, and is now competitive with new-build coal, IFC reported.
Dana Sanchez, 1:52 pm
In Johannesburg, the poorest residents spend more than 20 percent of their income getting to and from work. So it seems bizarre that recent efforts to beef up the city’s bike lanes got knocked down. The new mayor vowed in his inauguration speech to stop the construction of bike lanes. Cycling in South Africa has been stigmatized. It’s seen either as an elitist sport for whites or mode of transport for those too poor to afford a car. A bike-share program in Marrakech could become a pilot for future projects in other African cities.
Dana Sanchez, 3:41 pm
Energy represents more than 15 percent of the total cost of mining production — reason enough to reduce energy use. But mining companies tend not to pay attention to cost during boom times. The collapse of the emerging market commodities boom has miners scrambling to reinvent themselves. With ample wind and solar at their disposal, 80 percent of new African mines are expected to be partly clean energy-dependent by 2026. In Africa, the future power demand from mining will come overwhelmingly from Southern Africa, says World Bank.
Staff, 2:36 am
African countries need at least $2.7 trillion for mitigation measures and another $488 billion for adaptation to climatic change to be met in 2030, according to the estimates from Intended Nationally Determined Contributions (INDCs) for adaptation to climate change. Speaking during the Africa Carbon Forum in Kigali, yesterday, Yasser El-Gammal, the World Bank country manager, said the amount is based on countries that have already declared their INDCs, adding that there are few others yet to submit.
Kevin Mwanza, 9:27 am
Coffee farmers are moving to highlands in an effort to escape climate change, which according to researchers has contributed to increased diseases and pests and shift in growing conditions, the U.S. Department of Agriculture (USDA) said in their first estimates for the season. This, the USDA said, will help keep coffee output from the continent at near it record high despite a production drop of about one million bags from the region’s top producer — Ethiopia, Kenya, Tanzania and Uganda.
Kevin Mwanza, 6:34 am
Africa has abundant reserves of bamboo plants that can help the continent build a green economy and join the global $60 billion worth bamboo trade. Bamboo can also help the continent address its deforestation problem. According to Hans Friederich, director-general of INBAR, Africa’s growth in bamboo has “great opportunity”. “The continent has vast reserves of largely untapped bamboo that, if properly managed, could benefit rural communities and promote green economic development,”
Kevin Mwanza, 6:44 am
Faced with unpredictable harsh weather conditions more and more African Countries are changing their stance against genetically modified (GM) crops to help improve on farm yields and feed a growing population. For long GM food has been viewed with suspicion by many African governments with vicious debates taking place across the continent on the benefit and pitfalls of these new technology.
Staff, 5:31 pm
By 2040, Portuguese has grown rather than disappeared in the five lusophone countries — Angola, Mozambique, Cape Verde, Guinea-Bissau, and Sao Tome & Principe. The language has also become more popular in Senegal, Namibia, South Africa and Zimbabwe. By 2050, diabetes — a disease of affluence — has become Africa’s biggest public health challenge. Check out more predictions by a U.N. economist.
Staff, 7:47 am
African countries are participating in the 21st Conference of parties (COP21) in Paris at the background of the scientific findings that the continent is the least greenhouse gas emitter but the most vulnerable to effects of climate change. As the world leaders meet in Paris with an aim to reduce the global temperatures to 2 degrees Celsius before the 1950’s, scientists have warned that 2 degrees will expose the African continent to 4degrees warmer temperatures.
- Real Estate