Why G20 must Support Locally Led Adaptation Financing to Tackle the Climate Crisis in Africa

According to the Intergovernmental Panel on Climate Change (IPCC) in its Sixth Assessment Report (AR6), Africa will be impacted by climate change more than any other continent even though the continent only contributes less than 4% of the world’s total Greenhouse Gas (GHG) emissions. Africa has the lowest historical and current emissions. AR6 also estimates that adaptation costs in developing countries will reach $127 billion per year by 2030 , and potentially $295 billion per year by 2050and Africa needs up to $86.5 billion annually by the year 2030”.

This conclusion is why the G20 must come out with concrete action to tackle the climate crisis in Africa. The G20 must not play politics with the lives of Africans or stand idle while impacted communities and the planet continue to suffer. There are growing examples of near irreversible impacts of the impacts of fossil fuels on communities. In Mauritania and Senegalese fisherfolks are now groaning due to the invasion of their waters by BP through its GTA (Greater Tortue Ahmeyim liquified natural gas) project, rated the world first nearshore LNG terminal. The oil giant has caused loss of livelihoods without clear compensation facilities for their biodiversity-aquaculture and livelihood loss thereby exposing them to climate vulnerability. The entire fishermen economic value chain around the major fishing areas in Saint-Louis and N’diago respectively will be greatly affected, with no one to speak for them on issues of compensation. The G20 has some influence over the major world industrialized nations that pollute more and emit more greenhouse gasses that are contributing to climate crisis we are suffering today. It is imperative at this point that the group come-out clear with concrete and realistic financial contribution to address loss and damage financing for locally impacted communities suffering from the activities of fossil fuels corporations and vulnerabilities they are exposed to.

Africa will continue to suffer from environmental degradation, if the G20 not re-strategies its approaches to ensure local community led climate action and capacity to better mitigate the climate crisis. The G20 must support and increase climate risk insurance equity financing for Africa investment development in the energy sector and alternative livelihood. In view of the fact that the Net zero emission reduction target for keeping 1.5c alive is not realistic and African governments lack the political will to commitment invest in carbon emission reduction plans for local communities, Africa will be left with stranded assets, stranded personnel and stranded communities.

Oil and Gas Industry  

Bob Tipton said that the poorest nations have the greatest sustainable resource and the richest nations know it hence the rich are motivated by the fear of losing what they have to the poor ‘. In the plans to address the current energy shortage in Europe due to the Russia-Ukraine war, attention is now on Africa to help remedy the energy crisis in Europe. A whopping  $245 billion will be invested in gas pipelines across Africa and according to Global Energy Monitors report, these is danger of these turning into stranded assets since they are designed as a short-term mitigator of  Europe’s energy crisis. Our concern now is the numbers of smallholder farmers, ecological biodiversity that will be destroyed, and how this process will lead to increased unemployment and shortage of food and food insecurity across the region.  

The G20 must step up their intervention to ensure false solutions, fake theories of mitigation are foisted on Africa. 

They must end fossil fuels expansion and invest in our future by providing funding for locally led adaptation research and indigenous renewable energy development projects as well as huge investment in technology transfer in Africa. This will  provide green jobs, improve local business, tackle energy poverty and reduce emission reduction. If the G20 starts massive investment for local community implementation to tackle climate change, these will surely return on investment, human capital development, reduce migration,  improve local solutions to drive locally mitigative action in the fight against climate disasters. 

The need for Africa to strengthened collaboration and coordination is imperative for locally led actions, that is inclusive , that leave no one behind.

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